The cryptocurrency market started the week with strong selling pressure, with Bitcoin ($BTC) falling towards the $70,000 level. Analysts point to increased US-Iran tensions and $BTC sales by institutional Bitcoin investor Strategy as contributing factors to the decline. According to market data, Bitcoin fell 4.2% in the last 24 hours, dropping to $70,111. Ethereum (ETH), […]
Bitcoin [BTC] was changing hands around $72,648.22 at press time, after a drop of 1.46% in the past 24 hours and a drop of over 16% in the year so far. Meanwhile, the S&P 500’s stock price was trading at about $7,580.06, following a slight increase and a year-to-date increase of more than 10%. This […]
Weiss Crypto says Bitcoin may be approaching one of its strongest buying opportunities in years, with senior analyst Juan M. Villaverde arguing that a coming pullback could mark the final confirmation that the market’s bearish phase has ended. In a post on X, Weiss Crypto said its latest cycle analysis shows “exactly how low $BTC […]
Large Bitcoin [$BTC] holders signaled renewed conviction after two newly created wallets withdrew 984 $BTC, valued at approximately $72 million, from BitGo. The transaction immediately reduced the available supply and moved a sizable amount of Bitcoin off the custodial platform. Such movements have historically reflected accumulation behavior because coins moved into fresh wallets often remain […]
The fact that Bitcoin’s price fell below the $71,000 level today, coinciding with Strategy’s symbolic Bitcoin sale after nearly four years, has sparked debate in the market. However, analysts have offered differing opinions on the reasons for the decline. Bitcoin advocate Pierre Rochard argued that directly attributing the price drop to Strategy’s small-scale selling was […]
Bitcoin (BTC) realized volatility, a measure of price movement, dropped to a multi-year low as of June 1, 2026. Bitcoin’s one-week realized volatility has fallen to roughly 17%, down over 56% from its second-quarter peak of around 39%, according to data from CryptoQuant. As such, BTC 1-week volatility has revisited its 2026 low, which preceded […]
CME Group has officially entered the always-on crypto market. Beginning Friday, CME Bitcoin futures and options now trade 24 hours a day, seven days a week on Globex, CME’s electronic trading platform, with only a 60-minute weekly maintenance pause between 10PM and 11PM UTC each Sunday. While weekend trades will still clear on the next […]
Ripple Labs unlocked 1 billion XRP on June 1, 2026, from the escrow account. The blockchain payment company received the monthly unlock on Monday across three transactions, according to on-chain data from XRPSCAN, as analyzed by Finbold. The largest single transaction involved 500 million XRP, valued at about $640 million at press time. Ripple’s unlock of XRP from […]
Bitcoin broke below $73,000 for the first time in months as fresh U.S. strikes on Iran sent risk assets lower and triggered one of the largest liquidation events of the year. Bitcoin traded at $72,978 in Asian hours Thursday, down 3.4% over 24 hours and 6.3% over the past seven days, per CoinDesk data, after […]
Bitcoin price outlook is back in focus after Michael Saylor’s Strategy (NASDAQ: MSTR) disclosed its first BTC sale in more than three years, prompting investors to assess what the move means for the asset. Indeed, the transaction has coincided with a period where Bitcoin (BTC) is struggling to maintain the $70,000 support zone. As of […]