Bitcoin pushed back above $80,000 for the first time since late January, as traders reacted to a mix of geopolitical relief, steady ETF demand and a moderate short squeeze across crypto derivatives markets. BTC traded near $80,000 after touching an intraday high of $80,529, reaching its highest level since January 31. The break matters because…
Bitcoin is trading close to $80,000 in the first week of May; Jerome Powell is weeks away from stepping down as Federal Reserve chair; the S&P 500 is at an all-time high; and sentiment across crypto markets is slowly turning positive. Crypto trader and market analyst Aralez has stepped forward with a full arc of…
The Bitcoin price had quite an interesting performance over the past week, cruising to a new high above the $79,000 high early on before crashing to as low as $75,500 on the last day of April. However, the premier cryptocurrency has had a somewhat bright start to May, hovering around the $78,000 level. While the…
Data shows the Bitcoin treasury companies have shown an inflection recently, something that has turned out to be bullish in the past. Last Two Bitcoin Treasury Capitulation Inflections Led To Bullish Action In a new Digital Asset Treasuries (DATs). A DAT is a company that holds a cryptocurrency on its balance sheet as a way…
Swan Bitcoin Managing Director John Haar argued on Wednesday that the market’s repeated comparison between the current cycle and the 2022 bear market misses a fundamental point: the backdrop has changed. In a post on X, Haar said Bitcoin’s roughly $65,000 to $70,000 range has acted as a floor for the past two months and…
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