Bitcoin traders are already betting the wider US-Iran ceasefire will hold. Data from prediction market Polymarket puts the odds of a permanent peace deal by April 22 at 23%. Markets React To Diplomatic Breakthrough That confidence is showing up in Bitcoin’s price. The world’s largest cryptocurrency climbed to $74,650 on Thursday, bouncing back from an…
Tag: Middle East conflict
Bitcoin $50K Bottom Call Faces Pushback As Price Nears $75K
Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin’s value. The 2021 collapse took nearly 77%. So when a fresh wave of analysts began calling for a drop to $50,000, the warnings carried weight — at least on paper. A Different Kind Of Cycle…
XRP Wallet Count Tops 8 Million As Trading Volume Nears $4 Billion
More than 8 million wallets now hold XRP — a milestone that comes even as the token’s price sits well below where it stood less than a year ago. A Market Still Chasing Its Peak XRP traded at $1.35 on Monday, up roughly 4% on the day, but still more than 60% below the $3.65…
Bitcoin Shorts Squeezed Out $44M As Spot Demand Stays Weak
Over $44 million in short positions were wiped out on Binance in a single hour Monday — the largest one-hour short liquidation since February 6 — yet the price surge it helped trigger drew little enthusiasm from actual buyers. Futures Chaos, Not Fresh Money, Lifted BTC Bitcoin climbed to a weekly high of $71,801 on…