Despite mounting geopolitical tensions in the Middle East, bitcoin reclaimed the $70,000 mark on Monday, supported by Strategy's latest acquisition of 4,871 bitcoins. Key Takeaways: Bitcoin hit $70,355 on April 6, keeping market cap near $1.4T despite Iran rejecting U.S. ceasefire. Strategy CEO Michael Saylor bought 4,871 BTC worth $329.9M, reinforcing institutional demand.
Bitcoin price prediction highlights a massive shift in momentum as the week begins with a potential high-conviction “short squeeze” if the $70,000 psychological barrier is broken.
Binance faces renewed questions over its $4.3b post-plea cleanup as crime-monitoring staff depart and chief compliance officer Noah Perlman weighs an exit. Bitcoin (BTC) futures traders added more than $3.
Bitcoin (BTC) price broke through last week's sell zone around $69,000 to reach a seven-day peak on April 6, amid mixed market sentiment.
Taiwan holds $605 billion in foreign reserves. More than 80% of the total sits in U.S. dollar-denominated assets. The Bitcoin Policy Institute just published a report — backed by analysis from a U.S. Department of Defense analyst — arguing Taiwan should allocate 5% of its reserves to Bitcoin.
A solo miner with computing power equivalent to just 0.00002% of Bitcoin's network successfully mined a block last week.
There are a few different (but still valid) investment theses for buying Bitcoin. Simply saying that the price is going to be higher in the future does not count as one of those.
Bitcoin (CRYPTO: BTC) is trading below a key resistance zone, raising concerns that recent price stability may be masking deeper risks tied to late-stage economic conditions. Late-Cycle Warning Signs Prominent analyst Benjamin Cowen said on Monday that retail investors may be growing overly confident — overlooking macro pressures, such as persistent inflation, a weakening labor market and rising geopolitical tensions.
Bitcoin rose after Strategy disclosed another BTC purchase, boosting sentiment and giving bulls fresh support after a sluggish stretch in the market.
While an Iran ceasefire favors stocks, Bitcoin's path to $75,000 remains contingent on market trust despite Trump's volatile diplomacy.
Bloomberg's Mike McGlone argued that Bitcoin could fall as the crypto market purges market excesses that coincided with the pandemic-era boom.
Bitcoin jumped as traders read Trump's Iran remarks as leaving room for diplomacy, easing immediate escalation fears and boosting broader risk appetite.