Bitcoin price started a steady increase above $70,000 and $72,000. BTC is now consolidating and might aim for more gains above $72,800. Bitcoin started a fresh increase after it settled above the $68,800 support. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $72,000 and $70,800 levels. Bitcoin Price Rallies Above $70,000 Bitcoin…
Tag: Price
Bitcoin To $750K? Arthur Hayes Drops Bold 2026 Price Prediction Amid Iran War
Arthur Hayes was wrong before. In December, the BitMEX co-founder predicted Bitcoin would hit $200,000 by March 2026. It didn’t. Bitcoin is trading near $71,000. Hayes is now calling for $500,000 to $750,000 by the end of the year, and his reasoning runs straight through the Middle East. Related Reading War, Spending, And The Fed Hayes argues that a prolonged US military conflict involving Iran would put severe pressure on federal finances. As government spending climbs, he believes policymakers would face little choice but to cut interest rates and pump…
Bitcoin Price Surges Back Above $71,000: Key Reasons Explained
Bitcoin climbed back above $71,000 on Wednesday, reaching its highest level since February 8, even as broader geopolitical risk remained elevated. The move appears to have been triggered by a sudden shift in macro sentiment around Iran, but market structure inside crypto had already left BTC primed for a sharp reversal. Why Is The Bitcoin Price Up Today? The immediate catalyst came from a report cited by The Kobeissi Letter, which said the New York Times had reported that Iran made a “secret” offer to the US to negotiate an…
What Will Sustain The Price Breakout?
Bitcoin (BTC) is up 8% on Wednesday to trade above $73,000, a level that has stopped every recovery attempt over the last three weeks. Analysts reveal why Bitcoin must hold $70,000 to secure the recovery. Key takeaways: Profit-taking on rallies to $70,000 must cool down for a sustained breakout in BTC price. Bitcoin must hold support at $68,000 -$70,000 to confirm the recovery. BTC/USD daily chart. Source: Cointelegraph/TradingView Profit-taking must be absorbed with strong buying After a sixth straight weekly close in the red, Bitcoin has finally broken above the…
Bitcoin price hits $73k as ETF inflows and short-covering drive rebound
Bitcoin price has reclaimed the $73,000 level as flows and positioning turn more supportive. Summary Bitcoin price touched an intraday high near $73,000, its strongest level in weeks. U.S. spot ETFs recorded solid net inflows while funding normalized and open interest rebuilt. Major crypto assets rose 5%–8% on the day as liquidity and volumes improved across derivatives and spot venues. Bitcoin (BTC) price has climbed back to the $73,000 area after a volatile stretch marked by forced liquidations, ETF outflows, and macro-driven risk aversion. The move higher follows several sessions…
RedStone Launches Price Oracles on Stellar Mainnet
Oracle provider RedStone has launched its price feed infrastructure on the Stellar network, introducing a new data layer for decentralized finance (DeFi) applications on a blockchain historically focused on payments and stablecoin transfers. The deployment makes price feeds for major crypto assets and stablecoins available on the Stellar mainnet, including Bitcoin (BTC), Ether (ETH), USD Coin (USDC) and PayPal USD (PYUSD). The rollout also includes pricing data for the Franklin Templeton BENJI tokenized money market fund. RedStone said the feeds are designed to support financial applications like lending markets, decentralized…
Bitcoin price rally hints at bull flag as Trump’s 15% tariff looms and ceasefire odds fade
Bitcoin price jumped to its highest level in over a month as investors reacted to news that Iran had reached out to the United States for talks on ending the war. Summary Bitcoin price jumped to $72,000 for the first time in a month. The rally happened amid reports that Iran had reached out to the United States. Still, recent rebounds have turned out to be dead-cat bounces. Bitcoin (BTC) jumped to $72,000, its highest level since February 4, and 20% above the lowest level this year. However, there is…
XRP Price Gears Up For A Major 680% Move Against Bitcoin To Reach $10
Crypto analyst Javon Marks has predicted that the XRP price could rally 680% against Bitcoin, reaching $10 in the process. The analyst also indicated that the altcoin could rally higher, reaching the $15 target. XRP Price Eyes 680% Rally Against Bitcoin In an X post, Javon Marks stated that the XRP price against Bitcoin looks to be setting up for an over 680% run, which could spark a larger rally for the altcoin. He noted that this could lead to a move to the $10 price point for XRP. The…
XRP price breakout targets $1.95 amid five-day ETF inflow streak
XRP analysts highlighted the potential for a rebound to $1.95 as the price broke above a symmetrical triangle amid persistent institutional demand. XRP (XRP) price is up 5.5% over 24 hours and 3% in seven days, trading around $1.40 on Wednesday. This puts XRP in a position for further gains backed by several market and technical factors, according to analysts. Key takeaways: XRP’s potential to rise to $1.95 is backed by persistent demand from US-based ETFs. Read more Original
Bitcoin price climbs above $71k as Middle East tensions fail to trigger fresh sell-off
Bitcoin price pushed back above $71,000 on Wednesday, defying geopolitical jitters tied to escalating Middle East tensions and a spike in global oil prices, as on-chain data suggests selling pressure may be drying up. Summary Bitcoin rose above $71,000, gaining over 5% and challenging the upper end of its recent consolidation range. Exchange inflows dropped to 28,235 BTC, a level historically linked to reduced selling pressure and potential accumulation phases. Technical indicators such as Balance of Power turning positive suggest short-term buyer momentum is strengthening. Bitcoin seller exhaustion? Exchange flows…