Bitcoin spent the past 24 hours returning to the key levels on my channel map rather than continuing its breakout. It tested a boundary, failed to convert that test into acceptance, and rotated lower into the next pocket of support memory.
The Tokyo-listed firm is now the third-largest Bitcoin treasury company—though that's partly down to MARA Holdings' recent sale of 15,000 BTC.
Bitcoin remains stuck below $70K as weak conviction and macro uncertainty weigh on markets, with analysts flagging a potential short squeeze.
Bitcoin on Thursday slipped to $66,000, erasing all the gains registered after Tuesday's news of easing in the war. BTC price today dropped 3.24% over 24 hours, with negative volume. This came after President Donald Trump's shift in stance towards Iran to end the war.
Metaplanet has just crossed a milestone that very few companies can claim. The Japanese company bought 5,075 bitcoins in the first quarter of 2026, bringing its treasury to 40,177 BTC.
Large holders reduce positions, on-chain metrics show structural pressure and potential macro bottom near $54K.
Bitcoin Flows: Spot Bitcoin ETFs saw $173.73 million in outflows as major issuers like IBIT and FBTC faced heavy withdrawals, reflecting continued institutional caution. Grayscale Strength: The Bitcoin Mini Trust attracted $10.25 million in inflows, showing fee‑driven investor preference even as broader BTC products struggled. Ethereum Trends: ETH ETFs posted $7.
Tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset after ether at $104.5 million, and Bitcoin at $98.3 million. Hyperliquid's Oil Perps Dethrone Bitcoin The single largest liquidation across all assets in the past 24 hours was not Bitcoin or Ethereum, but a $17.17 million Brent oil position on Hyperliquid, according to Binance Square.
Metaplanet Inc., Japan's largest corporate bitcoin holder, purchased 5,075 bitcoin during the first quarter of 2026, bringing its total treasury to 40,177 BTC at a cumulative cost of approximately $3.92 billion.
Bitcoin (BTC) dropped more than $3,000 in a few hours following Trump's statements about an escalation of the conflict with Iran. The total crypto market cap fell approximately $100 billion from its peak before recovering to around $2.38 trillion.
Genius Group (GNS) sold its entire Bitcoin (BTC) treasury of 84.15 BTC on April 1, 2026, fully repaying $8.5 million in debt and leaving the company with zero BTC on its balance sheet.
Over the last few months, the Bitcoin price has dropped as the crypto market has responded to negative news coming out. One of the major news stories that has contributed to this decline was the attack by the United States on Iranian armed forces.