News
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.
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Bitcoin Price News
The price of Bitcoin (BTC) can refer to either the energy cost of maintaining and securing the Bitcoin network through mining or the market value of BTC at a particular moment or over the course of time. Most of the discourse tends to surround the latter.
Bitcoin is a radically market-driven asset that is not backed by any commodity or central authority. As such, Bitcoin price movements tend to be volatile. Bitcoin’s price today will be different from Bitcoin’s price tomorrow. Ultimately, the price of Bitcoin is the result of the combined activities of a global community of stakeholders including miners, traders and consumers.
There are various theories on how the market values (or ought to value) the price of BTC, from the supply-based pricing model, which necessitates increasing demand for value to increase, or the efficient-markets hypothesis (EMH), which asserts an ultraefficient, omnipotent marketplace that has already factored in the necessary information, to the stock-to-flow (STF) model, which measures an asset’s scarcity by tracking the ratio between current supply and annual production rate. This last model has attracted many in the BTC community for its thorough analysis and incredibly bullish sentiment.
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Traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%.
1204 - Altcoin Watch
A confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin.
686 - Market Update
Nearly a billion dollars in leveraged crypto positions were liquidated in the past 24 hours as the Bitcoin price rallied above $78,000.
1816 - Price Analysis
Bitcoin pole vaulted to $78,000 and altcoins soared after Iran said that the Strait of Hormuz was fully open. Will bulls be able to sustain the upward momentum?
2213 - Market Update
Bitcoin price rallied above $77,000 amid cooling geopolitical tensions and record-high back-to-back closes for the S&P 500.
1265 - News
Bitcoin surged above $77,000 as oil futures fell 10% after Iran’s foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the US, Israel and Iran.
2364 - News
March was the “weakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023.
1112 - Market Update
Analysts say reclaiming $76,000, sustained spot market buy volume and consistent inflows to the Bitcoin ETFs are the necessary components required for a rally to new highs.
1042 - Price Analysis
Bitcoin price has entered the breakout stage of a classic bullish reversal pattern and is now eyeing a run toward $90,000.
1339 - Price Analysis
Bitcoin consolidates between $73,000 and $75,000 as liquidations trigger a short squeeze, but weak spot demand keeps the upside momentum in check.
997 - Market Update
Bitcoin’s futures funding rate has remained negative even as BTC bounced back above $75,000. Should traders be worried?
1263 - Market Update
Traders say Bitcoin has room to rally higher, but the upside may be capped at BTC’s active supply cost basis near $78,000.
1059 - Market Update
Bitcoin trades below the profitability threshold for active holders, with early signs of BTC demand offering limited price support for now.
1649 - Market Update
Bitcoin attempted to recover the $75,000 level as US stocks chase after a second day of fresh all-time highs. Is the bull market back on?
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