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Bitcoin’s weekly RSI, while not yet “oversold,” is now at its lowest level since the start of 2023 — Will a drop to $70,000 mark the BTC price bottom? Bitcoin (BTC) has a new $70,000 reversal target as a leading indicator sets new bull market lows. In X analysis on April 7, popular trader and…
Bitcoin finds stability as US stocks bounce back, and the longer-term outlook improves as traders anticipate China’s yuan devaluation move to benefit BTC price. Bitcoin (BTC) danced around $80,000 at the April 8 Wall Street open as US stock markets staged a fresh recovery, but unresolved tensions between China and the US continue to put…
ARK Invest sold $12 million in Bitcoin ETF shares while buying $26.6 million in Coinbase stock in April, reacting to market volatility following Trump’s tariffs announcement. Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position…
ARK Invest sold $12 million in Bitcoin ETF shares while buying $26.6 million in Coinbase stock in April, reacting to market volatility following Trump’s tariffs announcement. Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position…
Analysts warn that Bitcoin is not in the clear yet, raising the chance of further price downside to the $60,000 level. Bitcoin (BTC) fell to a four-month low of $74,500 on April 7, and data suggests that the price may not have bottomed yet. Investors dumped risk assets after US President Donald Trump doubled down…
Corporate Bitcoin holdings have sunk to about $54.5 billion from nearly $59 billion on April 2. Corporate Bitcoin (BTC) treasuries collectively shed more than $4 billion in value after US President Donald Trump’s tariffs triggered a global market sell-off, data shows. As of April 7, corporate Bitcoin holdings are worth approximately $54.5 billion in the…
Messari CEO Eric Turner says the crypto bull market will ramp up in the third quarter of 2025. Crypto’s worst quarter since the FTX crisis has many investors worried about the end of the bull market, but according to an industry panel, Bitcoin and altcoins’ parabolic moves haven’t even begun yet. In a panel discussion…
Global equities markets remain volatile, adding bearish pressure to Bitcoin price, but data shows BTC whales accelerating their accumulation trend. Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with…
The Japanese company has become one of the world’s largest corporate Bitcoin holders following a series of major acquisitions this year. Metaplanet, a Japanese hotel manager turned Bitcoin treasury company, has fully repaid 2 billion yen ($13.5 million) worth of bonds ahead of schedule as it seeks to shore up its financial position. Metaplanet conducted…
Strategy paused Bitcoin purchases last week as BTC fell below $87,000, disclosing a $5.91 billion unrealized loss in Q1, according to SEC filings. Michael Saylor’s firm Strategy, the world’s largest publicly listed corporate holder of Bitcoin, did not add to its BTC holdings last week as the cryptocurrency’s price dropped below $87,000. In a filing…