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Bitcoin prices have reached their highest levels since late March as the asset is on the verge of a breakout.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Traders say Bitcoin holding the $85,000 level is bullish, and charts suggest BNB, HYPE, TAO and RNDR could be the first altcoins to follow a BTC price breakout.

Bitcoin exchange order book liquidity analysis suggests that BTC price action may make a break for lower levels before challenging sellers at $90,000.

Bitcoin’s drop below $85,000 raises the risk of a correction to $50,000 especially if macro conditions keep boosting global demand for gold.

The XRP price rebound faces reversal risks as bearish patterns, fractal trends, and profit-taking pressure point to a potential 40–50% correction.

BTC price all-time highs are back on the table despite the highly challenging current macroeconomic environment, network economist Timothy Peterson suggests.

Analysts have conflicting views on whether record volatility within the US equities markets will have a positive or negative impact on Bitcoin price in the long term.