Michael Saylor, executive chairman of Strategy (MSTR), is confident that Bitcoin hit its cycle bottom in early February around the $60,000 price level. Speaking at a Mizuho investor event, Saylor explained that market bottoms are rarely about valuation metrics alone they happen when sellers run out of steam.
Morgan Stanley Bitcoin Trust's first-day volume exceeded the $30 million estimate from Bloomberg Senior Analyst Eric Balchunas.
Price Recovery: Bitcoin has rebounded 3% to $71,600, while altcoins like ETH and SOL are seeing gains exceeding 5%. Crude Oil Collapse: WTI crude fell 16% to $95 per barrel following the reopening of the Strait of Hormuz, easing inflationary pressure.
Bitcoin's active address momentum has sunk to its weakest point since April 2018, even as a separate index tracking overall network health has crossed into what analysts call a bull phase for the first time in roughly a year. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms A Market Driven By Fewer, More Committed Players The active addresses momentum metric dropped to -0.25 on April 6, according to CryptoQuant data.
Bitcoin and global markets rallied after the US and Iran announced a ceasefire, but data show BTC bears have not closed most of their positions yet.
Bitcoin smashed through $70,000. The world's biggest cryptocurrency reached $70,240 during Asian trading hours Thursday, marking another milestone in what's becoming a pretty wild year for digital assets.
Morgan Stanley listed its own spot bitcoin exchange-traded fund (ETF) on NYSE Arca this week, becoming the first major U.S. commercial bank to issue such a product directly. Key Takeaways: Morgan Stanley launched MSBT on April 8, 2026, becoming the first U.S. bank to issue its own spot bitcoin ETF. MSBT's 0.
A crypto analyst known as CrypFlow has outlined what he believes will certify the true start of the next Bitcoin bull run. According to the analyst, the flip into a bullish run does not begin at the bottom but only after key technical confirmations appear on the chart.
Morgan Stanley's newly launched Bitcoin ETF, trading under the ticker MSBT, pulled in approximately $34 million on its first day of trading on April 8, 2026, making the bank the first major U.S. financial institution to issue and list its own spot Bitcoin ETF. The fund's 0.14% expense ratio, the lowest among spot Bitcoin ETFs, immediately sharpened the fee war that has defined the sector since January 2024.
Michael Saylor rejects claims that Adam Back created Bitcoin, citing direct email exchanges between Back and Satoshi Nakamoto as strong evidence they are different individuals. The debate intensified after a New York Times investigation relied on stylometry to link the two figures.
Bitcoin's price has fallen over 50% from its all-time high achieved in October 2025, triggering a bearish market phase across the board as investors exit their positions to cut down losses.
Bitcoin demand is rising across spot and derivatives markets, with net buying activity turning positive on major exchanges. Selling pressure from short-term holders has dropped sharply, signaling stronger conviction. The $72,000 level remains decisive, and holding the $70,000–$72,000 range as support could reinforce bullish momentum and enable further upside.