Price

Bitcoin rose to around $76,000 as whales accumulated 45,000 BTC and institutional inflows surged, while U.S. officials including Kevin Warsh and Admiral Paparo signaled growing acceptance of Bitcoin in finance and national security.

A survey of U.S. Bitcoin holders and crypto subreddit posts found that despite anxiety and market turbulence, most investors (69%) held onto their Bitcoin, with only 8% panic selling.

Bitcoin price fell below $70,000 on Thursday as rising energy costs and a steady Federal Reserve stance strengthened the dollar and weighed on risk appetite.

Shares of Strategy, Inc. (MSTR) and Coinbase (COIN) jumped on Wednesday, marking a sharp rebound for the Bitcoin proxies after months of losses. 

Bitcoin price rebounds from months of losses as institutional demand, defensive trading, and moderation in long-term outflows support the market.

Strategy (MSTR) surged on Wall Street after bitcoin’s rally, despite holding the largest short interest — about 14% of its $41.6 B market cap — among $25 B+ global equities.

The bitcoin price is hovering around $67,000 in a tight, bearish-leaning range as macro uncertainty limits momentum.

Bitcoin price has fallen roughly 50% from its all-time highs, with over $1 billion in liquidations recorded in the past 24 hours.

Bitcoin’s price crashed sharply on Thursday, sliding through critical support and dipping near $66,000 in volatile trading.

The bitcoin price crashed to $69,000 in trading Thursday as a deepening selloff in global markets spilled into crypto markets.