Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict. Bitcoin (BTC) circled $70,000 into Thursday’s Wall Street open after US jobs data matched expectations. Key points: Bitcoin shrugs off more US macro data as jobless claims copy flat CPI numbers. Read more
Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term. Update March 12, 1:21 pm UTC: This article has been updated to include comments from Gracy Chen, CEO of crypto exchange Bitget. The US midterm elections may be the next catalyst to kickstart the crypto and stock market recovery, according to historical data shared by Binance Research. According to a Wednesday report from Binance Research, US midterm election cycles have historically been followed by strong rebounds in stocks and Bitcoin (BTC), potentially setting up a recovery window for risk assets after the 2026 vote. Read more
Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior. Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system. Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to rely on gold during periods of economic uncertainty. Dalio believes Bitcoin behaves more like a risk asset, often moving alongside technology stocks and other speculative investments rather than acting as a traditional safe-haven during market turmoil. Read more
Chinese investors defrauded in the Zhimin Qian case are asking the UK High Court to reject a redress plan for 61,000 seized Bitcoin, saying it could deprive them of the assets’ gains. Victims of a Chinese investment fraud are challenging a United Kingdom proposal to compensate them through a Chinese redress scheme, arguing the plan could leave British authorities holding much of the upside from roughly 61,000 Bitcoin seized in a money-laundering investigation. According to the Financial Times, citing court documents, the dispute has moved into the UK High Court as groups representing victims seek to recover funds linked to the cryptocurrency seized by police in London. The Bitcoin (BTC) haul is now worth about 3.2 billion pounds ($4.3 billion) after rising sharply in value since the assets were confiscated. Law firm Candey, which represents about 5,700 victims, said the proposed compensation arrangement may not guarantee fair restitution. The fraud scheme itself reportedly affected more than 128,000 investors...
Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend. Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend. Key takeaways: Bitcoin price is up 17% from sub-$60,000 lows as onchain data shows signs of returning demand. Read more
Bitcoin remains under pressure as war and poor jobs data offset ETF inflows, shifting the $78,000 price target from late March to the coming months. Key takeaways: Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows. US and Israel-Iran war and soft US labor data offset momentum in Bitcoin ETFs. Read more
Bitcoin enters its most psychologically challenging cycle phase as BTC sellers and rising losses signal prolonged uncertainty and potentially more pain ahead. Bitcoin (BTC) failed to break the $72,000 resistance on Tuesday, as onchain data suggested that BTC was entering the most “challenging” phase of the cycle. Key takeaways: Bitcoin price stays range-bound following another rejection at $72,000. Read more
STRC’s average daily volume implies buying power for about 1,940 BTC per day, more than four times the amount of new Bitcoin mined. Michael Saylor’s Strategy (MSTR) may reach the 1 million Bitcoin (BTC) milestone faster than expected, potentially overtaking BlackRock in total holdings. Key takeaways: STRC share sales have generated cash to acquire over 3,500 BTC so far this week. Read more
Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode. Bitcoin (BTC) broke back above $70,000 around Wednesday’s Wall Street open as US inflation data soothed anxious markets. Key points: Bitcoin bounces around a narrow range as US inflation data offers a modest tailwind. Read more
Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level. Bitcoin (BTC) traded sideways on Wednesday as traders weighed geopolitical risk and waited for a break from its recent range. Key points: Bitcoin traders are waiting for the end of rangebound price action, with the focus on $70,000. Read more
Bitcoin is the frontrunner in the crypto market, while 36% of altcoins trade near their all-time lows. Do altcoin price metrics suggest an altseason is next? Bitcoin’s (BTC) recent recovery above $71,000 suggests that the price bottom is officially in, and bullish momentum can be seen across the crypto market. TOTAL2, which tracks the market cap of all crypto assets excluding Bitcoin, has held support at its 200-week moving average, but is an altcoin season in the making? The divergence between Bitcoin’s rally and the muted altcoin price action is beginning to draw attention to altseason indicators, raising the question of whether the broader market may soon follow BTC’s lead. The TOTAL2 market cap peaked near $1.7 trillion in October 2025 but currently sits at $970 billion, a drawdown of roughly 43%. The decline accelerated in January after the market cap broke a three-year ascending trendline near $1.15 trillion. Read more
Bitcoin’s sell-side liquidity reached a two-month high, mirroring a setup seen in January. Should traders prepare for a sell-off? Bitcoin (BTC) appears to have reclaimed $70,000 as support, although the market remains cautious as technical charts indicate a setup resembling the bull trap that occurred in January 2026. Bitcoin’s sell-side liquidity has expanded sharply during the latest range retest. According to crypto trader Ardi, Bitcoin ask orders reached a two-month high. The trader said, Within a 5% band around the spot price, the sell orders exceed demand by roughly 40%, creating a heavier supply layer above the market price. At the same time, the bids form a thinner support cushion below BTC price. Read more