Five of the most powerful people in finance have publicly predicted Bitcoin to hit $1 million. They also collectively hold a lot of it. That is either the most bullish signal in crypto history, or the most expensive marketing campaign ever run. Bitcoin is currently trading at $69,107, 45% below its all-time high.
ALGO has retraced by over 8% after its recent run, followed by AVAX and ETC.
Spot Bitcoin ETFs draw $471 million in their strongest daily inflow in weeks, while Ether funds return to gains despite cautious sentiment.
On Monday, U.S.-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest single-day net inflows in roughly six weeks.
Fresh capital flowed back into U.S. spot Bitcoin ETFs at the start of the week, with Monday delivering the strongest single-day inflow in over a month and a half.
Between January and March 2025, the wallet accumulated 513 BTC, worth $50 million at the time, according to Arkham data.
Bitcoin (BTC) started the second week of April on the back foot, slipping into negative territory after last week's rebound and underscoring how far 2026 has fallen short of typical seasonal expectations. While the declines have been modest so far, the market's inability to sustain upside momentum is keeping investors focused on whether this month can deliver the historically strong performance April is known for.
In a new show of conviction, Strategy has deepened its exposure to crypto markets through another sizable microstrategy Bitcoin allocation financed via equity-based capital raising. Michael Saylor has executed yet another large-scale Bitcoin acquisition through his firm Strategy, formerly known as MicroStrategy. According to the latest disclosure, the company bought approximately $329.9 million worth of BTC between April 1 and April 5 2026.
Spot Bitcoin exchange-traded funds in the United States experienced their most robust inflow session in over six weeks on April 6, capturing $471 million in net investments during a single trading day. This performance represents the sixth-strongest daily inflow for 2026, based on data compiled by SoSoValue.
More than 80 crypto projects formally shuttered or began winding down in the first quarter of this year. RootData's “dead-project” archive, which tracks closures, bankruptcies, and chronic project inactivity, logged 86 casualties as of March 20.
Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of strain rather than conviction.
Bitcoin hovered around $68,780 on Tuesday as U.S. spot bitcoin ETFs recorded their strongest single-day inflows in over a month, signaling renewed institutional appetite despite the cryptocurrencys persistent struggle to break above the $70,000 resistance level. According to SoSoValue data, spot bitcoin ETFs collectively attracted $471 million on April 6 the largest daily inflow since February 25 and the sixth-highest daily total recorded this year.