Key highlights: Official Trump surged 22% after traders reacted to reports of progress toward a potential Iran agreement. Short covering and renewed memecoin speculation amplified the rally as TRUMP outperformed the broader crypto market. TRUMP rallies as political headlines return to center stage The official TRUMP coin posted one of the strongest performances in the […]
Tag: ETF
Key highlights: Glassnode data shows corporate Bitcoin purchases have fallen from more than $500 million per day to nearly zero. The slowdown comes as Bitcoin treasury firms face mounting unrealized losses and weaker institutional demand. Corporate Bitcoin buying is losing momentum One of Bitcoin’s biggest growth drivers this year may be starting to lose momentum. […]
Key highlights: The Bitcoin price is expected to form its cycle bottom at $53,600, stated CryptoQuant analyst. The significant decline in individual and institutional demand cast a shadow over BTC’s sustained rally. The analyst also highlights that Bitcoin capitulation is not yet evident. While the Bitcoin price’s recent rebound from a low of $59k has […]