Category Bitcoin (BTC)

Bitcoin is holding above an important support level as traders watch for a potential move toward $70,000. Rising whale activity and softer U.S. inflation data have improved market sentiment, although expectations of future Federal Reserve rate hikes continue to weigh on the outlook.

Bitcoin remains above a key technical support level despite a decline in weekly active addresses, suggesting weaker on-chain activity. At the same time, renewed spot Bitcoin ETF inflows and a bullish chart breakout have strengthened optimism that BTC could extend its recovery toward higher resistance levels.

Bitcoin is showing signs of a potential recovery as analysts identify key demand zones, bullish RSI divergence, and a falling wedge pattern. Market participants are watching whether BTC can break higher and influence the next phase of the broader crypto cycle.

Morgan Stanley bought $13.2M in Bitcoin this week, extending purchases since May. The move signals sustained institutional demand for BTC as a portfolio asset in 2026, boosting ETF flows, custody needs, and crypto’s integration into traditional wealth management and finance.

Galaxy Digital moved 2,500 BTC to exchange-linked wallets, drawing attention across the crypto market. While the transfer sparked speculation about possible selling, analysts say further on-chain activity will be needed to confirm the firm's intentions.

Bitcoin has broken above a two-month descending trendline, shifting traders' attention to the $64,500-$65,500 resistance zone. Analysts say a confirmed breakout above this range could strengthen bullish momentum, while failure to hold current levels may delay a broader recovery.

Metaplanet has launched a joint study with JPYC, Progmat, and Metaplanet Securities to explore Bitcoin-backed digital credit products in Japan. The initiative will examine blockchain-based bonds, stablecoin settlements, and tokenized investor rights as part of its broader Bitcoin financial services strategy.

Bitcoin continues to trail the U.S. stock market, according to analyst Niels, who believes another equity downturn could trigger a final capitulation before the cryptocurrency regains relative strength. The outlook comes as institutional ETF demand reshapes Bitcoin's market structure amid ongoing macroeconomic uncertainty.

BlackRock resumed Bitcoin buying with $250M in inflows to IBIT over two days, reversing two weeks of outflows. As the largest spot Bitcoin ETF, IBIT’s flows signal renewed institutional demand, boost spot liquidity, and reinforce Bitcoin’s role in regulated portfolios amid 2026 macro uncertainty.

Strategy BTC sale has raised questions over the company’s $1.25 billion BTC Monetization Program. VanEck’s Matthew Sigel said the sale may not have reduced that capacity.…