Bitcoin rallied to $76,000 on Tuesday as a bullish chart breakout and increasing onchain activity hint at an extended rally to $90,000. Market analysts say Bitcoin (BTC) is showing “renewed bullish momentum” after its 5% rally above $76,000 on Tuesday, with bulls eyeing further gains to $90,000 amid improving network activity. Data from TradingView shows the BTC/USD pair rose over 5% on Tuesday to an intraday high of $76,120, levels last seen on Feb. 6. The surge saw Bitcoin's price reclaim key support levels, including the $75,000 zone where the 100-day exponential and simple moving averages converge. Read more
Bitcoin rallied alongside stocks and investors’ hope for interest rate cuts, but is the rejection at $76,000 a sign of a bull trap? Key takeaways: The US Federal Reserve's shift toward balance sheet expansion may provide the liquidity needed to boost Bitcoin and broader risk markets. The war in Iran and high oil prices might be driving investors toward scarce assets to hedge against rising inflation. Read more
The proposed fund would invest in Bitcoin ETPs and sell call options to generate income while limiting exposure to price swings. Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by investing primarily in spot Bitcoin exchange-traded products (ETPs) and related options, rather than holding Bitcoin (BTC) directly. The fund would generate yield by selling call options on Bitcoin-linked ETPs, a strategy that can produce premium income but may cap upside in rising markets. Read more
Bitcoin rallied to levels not seen since early February after US PPI inflation fell well below market expectations. Bitcoin (BTC) reached monthly highs above $76,000 on Tuesday as US inflation data continued to buoy risk assets. Key points: Bitcoin upside continues as bulls target $76,000 — the highest price since early February. Read more
Bitcoin falling to the $50,000 level is being seen as the “last significant accumulation zone” before any sustained recovery, says LVRG Research director Nick Ruck. Several crypto analysts said there will be a final flush that sends Bitcoin prices as low as $50,000 before the cryptocurrency can mount a measurable recovery. Bitcoin (BTC) trader and author Ivan Liljeqvist posted to X on Tuesday that Bitcoin is yet to have “the big flush.” “I don’t think we’ve had it yet, I don’t think $60,000 was the bottom,” he added. “Trend is still down.” Read more
A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets. Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with positive sentiment. The crypto market surged to a total value of $2.6 trillion, its highest level for a month, liquidating 177,000 traders of $530 million over the past 24 hours, according to CoinGlass. The majority of liquidations occurred in the past 12 hours, and 80% of them, or $425 million, were leveraged short positions in Bitcoin (BTC) and Ether (ETH). Read more
Bitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish. Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Read more
Bitcoin price data suggests BTC remains undervalued and that short positions opened above $70,000 face a high risk of liquidation. Bitcoin (BTC) futures data shows that traders who opened new short positions above $70,000 over the weekend could be at risk of liquidation as a wave of leveraged positions were closed on Monday. The weekly change in Bitcoin futures market open interest fell to -2.46% on Monday, down from a 8.9% increase on March 31, suggesting a decline in leverage. Multiple long-term Bitcoin valuation metrics also sit at historic lows, with analysts estimating that nearly 90% of the downside has already been priced in. Read more
Bitcoin rallied to $72,500 as US stocks reacted to US efforts to blockade the Strait of Hormuz. Despite the rebound, BTC traders warned that a price correction remains a risk. Bitcoin (BTC) reversed its losses after Monday’s Wall Street open as markets digested the newest developments in the US-Iran war. Key points: Bitcoin joins US stocks in a relief bounce despite the US blockade of the Strait of Hormuz going ahead. Read more
Bernstein says Bitcoin’s selloff already reflects quantum risk and that developers still have time to agree on a post-quantum upgrade path. Bernstein said Monday that Bitcoin’s selloff has already priced in much of the market’s fear around quantum computing, arguing that the threat is real but still manageable rather than an immediate existential risk. Bitcoin’s (BTC) near 50% drawdown from its $126,198 all-time high in October 2025 is proof that the market has “priced in” several risks tied to a quantum breakthrough, partly thanks to technological progress on zero-knowledge privacy and quantum-proof cryptography that “counterbalance” the AI and quantum acceleration, Bernstein said in a Monday note shared with Cointelegraph. The note lands two weeks after Google researchers said future quantum computers could break the elliptic-curve cryptography used across many blockchains with fewer than 500,000 physical qubits in some architectures, reviving debate over how quickly Bitcoin needs a post-quantum upgrade pat...
Michael Saylor’s Strategy acquired 13,927 Bitcoin for $1 billion last week, funding the purchase through STRC share sales, lifting the company’s holdings to 780,897 BTC. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin (BTC), added a large haul of Bitcoin to its stash last week, edging toward 800,000 BTC in total holdings. Strategy acquired 13,927 Bitcoin for $1 billion between April 6 and 12, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at an average price of $71,902 per coin, marking another purchase below the company’s average acquisition price of $75,577. Read more