Strategy's Michael Saylor hinted Bitcoin (BTC) bottomed at $60,000 as traders set the stage for a steady build-up.
The 50% profit level has acted as a rough threshold for market bottoms, and at 59%, the current reading is getting closer to that floor.
Bitcoin's price closed the month of March above where it started. The last time there was such a long downtrend, a powerful rally followed.
Crypto markets are gaining traction as policy signals from Washington start to align with developments in traditional capital markets.
Bitcoin has climbed back above $72,000, keeping the short‑term uptrend intact while setting up a test between bullish targets near $78,000 and critical support around $70,000.
CME Group's Bitcoin futures open interest has fallen to roughly 123,000 BTC, its lowest level since February 2024, as compressed basis yields strip the profitability from institutional cash-and-carry strategies and raise the prospect of broader fund withdrawals from crypto derivatives markets.
US oil prices have been rising by $1 per hour today.
Prediction market traders are placing tens of millions of dollars on bitcoin price outcomes in 2026, and the data shows a market divided between near-term caution and long-range optimism. Key Takeaways: Polymarket's April 2026 bitcoin price market has logged $11.8 million in volume, with $75,000 carrying only 54% odds.
CME Bitcoin futures open interest has fallen to a 14‑month low as the once‑crowded basis trade collapses, compressing yields and pushing leveraged institutions out.
A new Bitcoin–gold index highlights shifting views on crypto's role as a store of value as correlations with equities increase and gold outperforms.
Israeli Prime Minister Netanyahu reportedly has signaled a willingness to negotiate with Lebanon.
Nunchuk launched open-source Bitcoin tools for AI agents, using "bounded authority" to limit spending and reduce wallet-control risks.