Bitcoin, Ripple’s token, Solana’s SOL, and several other altcoins made impressive moves over the past few hours, which was rather unexpected given the Sunday market sentiment and lack of major developments. Interestingly, these recent gains coincided with Donald Trump’s latest message on Iran. The statement on Truth Social from the POTUS reads that Iran has […]
US President Donald Trump announced on his social media platform that the two warring parties in Europe, Russia and Ukraine, have agreed to a three-day ceasefire. Bitcoin’s price reacted to the news positively, but in a more modest manner. “This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of […]
Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at a comparable pace, in the summer of 2024, it foreshadowed one of the more notable bull runs in recent memory. Wallet Exits […]
Bitcoin is trading above $80k as the first full week of May opens, pressing against the upper boundary of that supply zone that has been the defining ceiling of the recovery. With the 100-day moving average now clearly reclaimed, the structure is the most constructive it has been since the cycle peak, and the on-chain […]
Bitcoin’s price has moved past the major psychological resistance level of $80,000. The cryptocurrency did this today for the first time since January, sparking hopes of a renewed rally and higher highs. Source: TradingView The move comes on the back of an increase in the broader cryptocurrency market, as altcoins are also trading well in […]
April ended with bitcoin (BTC) posting a 12% increase – the biggest such gain in a year. Although the asset had corrected slightly to $75,000 by the last day of the month, market participants wondered whether the rally was structural or speculative. To that end, the market research firm CryptoQuant has offered insights into what […]
Bitcoin managed to rebound swiftly from the February low at $60,000, posting gains for two consecutive months. This prompted some analysts to speculate that the cycle’s low is already in and that BTC won’t go below $60,000. Others were even more optimistic, suggesting that the real bull market might be close to commencing, while Ali […]
Bitcoin’s price sluggishness that began on Friday was interrupted by a quick but unsustainable surge to just over $79,000 on Sunday morning after the latest developments on the Iran-US front. This time, reports claimed that Iran had sent its latest peace proposal to the US, which was the reason behind the quick uptick. However, US […]
Bitcoin is trading at $78.3k as the first weekend of May opens. It has done something it has not managed since the cycle peak, which is closing above the 100-day MA and breaking out of a long-term descending channel that contained the entire bearish trend. The move comes alongside strong daily RSI readings, a successful […]
2026 has been quite eventful for the cryptocurrency industry, mostly driven by the developments in the war between the US/Israel and Iran. It began with a massive nosedive to $60,000 and was followed by an impressive 30%+ recovery by early May. Now, though, this rather notable rally has reached a major resistance and Ali Martinez […]