Price

Bitcoin price plunged below the Bitcoin Rainbow Chart’s lowest “Basically a Fire Sale!” band for only the second time since the FTX collapse, while the Fear and Greed Index sank to 12.

After February's slide to $60,000, has Bitcoin already bottomed? A $6.25 billion options expiry on May 29 may give traders their clearest answer yet.

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.