Connect with us
DAPA Banner

Crypto World

Bitcoin Price Prediction: BTC A Safe Haven Assets Bloomberg Analyst Says

Published

on

While gold spot ETFs bled, Bitcoin price has demonstrated resilience, holding the $70,000 level amid prediction of market whipsaws.

Investors fled major gold funds as geopolitical tensions escalated, marking a distinct shift in capital allocation strategies. While gold spot ETFs bled, Bitcoin price has demonstrated resilience, holding the $70,000 level amid prediction of market whipsaws. This divergence suggests a potential changing of the guard, according to Bloomberg analyst.

The latest data paints a stark picture of this rotation. In the last week alone, top gold ETFs like GLD and IAU saw approximately $3.8 billion in exits. Conversely, Bitcoin investment products absorbed roughly $2 billion over the past few weeks, signaling that institutional appetite is shifting toward digital scarcity.

“Since the Iran strike, Bitcoin, surprisingly, has looked like a good safe haven and gold hasn’t,” noted Eric Balchunas, senior ETF analyst at Bloomberg Intelligence.

While gold spot ETFs bled, Bitcoin price has demonstrated resilience, holding the $70,000 level amid prediction of market whipsaws.
BTC XAUT, TradingView

Currently, Bitcoin trades above $71,000, noting a fractional bounce by 0.3% in the last 24 hours.

This decoupling challenges the traditional narrative that crypto assets are purely risk-on vehicles. With Bitcoin behaving as a store of value while gold falters, we are closely watching the $70,000 support zone for the next directional cue.

Discover: The best pre-launch token sales

Advertisement

Bitcoin Price Prediction: Can BTC Hold $70,500 Support Amid Volatility?

Bitcoin’s price action over the last 48 hours has been defined by tight consolidation, oscillating between a high of $72,000 and a low of $69,000. While the asset remains down 18% year-to-date, the immediate short-term structure shows buyers stepping in aggressively near the $68,000 mark.

Volume data indicates a standoff and cautious optimism. However, overhead resistance at $71,800 remains a formidable barrier. If bulls fail to reclaim this level, a retest of the monthly low at $65,000 becomes a viable bearish scenario. Conversely, a breakout above $72,500 could open the path toward this year’s high.

While gold spot ETFs bled, Bitcoin price has demonstrated resilience, holding the $70,000 level amid prediction of market whipsaws.
BTC USD, TradingView

The technical setup suggests a market in waiting. Geopolitical catalysts are currently priced in, but the lack of a clear breakout keeps margin traders largely sidelined. For those seeking aggressive multiples, Bitcoin’s maturity into a “safe haven” may limit short-term explosive upside compared to emerging ecosystem plays.

Discover: The best crypto to diversify your portfolio with

Advertisement

Bitcoin Hyper Targets Early Mover Upside as L2 Narrative Heats Up

While Bitcoin stabilizes as a macro asset, the race to scale its network is accelerating. Capital is rotating into infrastructure layer-2 solutions that promise to unlock programmability for the world’s largest digital asset. Leading this charge is Bitcoin Hyper ($HYPER), the first-ever Bitcoin Layer 2 to integrate the Solana Virtual Machine (SVM).

The project is capitalizing on the demand for high-speed, low-cost execution on Bitcoin. By utilizing the SVM, Bitcoin Hyper delivers transaction finality faster than Solana itself, addressing Bitcoin’s core limitations—slow transactions and high fees—while maintaining a decentralized canonical bridge to the main chain. The market response has been quantifiable: the presale has already raised more than $32 Million.

Early participants can enter at a price of $0.0136 per token with 36% APY on staking rewards. Beyond the technology, the protocol offers high APY staking incentives to secure the network early. As Bitcoin continues to trade sideways in the $70k range, the risk-reward ratio for pre-market infrastructure plays like $HYPER is drawing attention from traders looking to front-run the L2 ecosystem boom.

Advertisement

Investors can research the Bitcoin Hyper presale here.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice.

The post Bitcoin Price Prediction: BTC A Safe Haven Assets Bloomberg Analyst Says appeared first on Cryptonews.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Pump.fun Tightens Creator Fee Controls in New Update

Published

on

Pump.fun Tightens Creator Fee Controls in New Update

Memecoin launchpad Pump.fun introduced a new restriction on creator fee settings, limiting token deployers to a single post-launch change in how fees are distributed on the platform. 

In a post on X, Pump.fun co-founder Alon Cohen said the update aims to reduce “griefing” — where creators alter fee recipients after a token gains traction — and other forms of manipulation tied to fee redirection, where token creators can alter who receives fees after a coin gains traction. 

Under the change, each token will have one opportunity to redirect creator fees to a different wallet, after which the configuration becomes permanently locked. 

Pump.fun’s latest update follows a broader overhaul announced in January, when the platform acknowledged that its creator-fee model had skewed incentives by disproportionately rewarding token deployers over traders.

Advertisement
Source: Alon Cohen

Pump.fun’s broader attempts to shift incentives to traders

On Jan. 10, the platform introduced changes like multi-wallet distribution and post-launch controls, aiming to improve transparency and better align rewards with trading activity. 

On Feb. 17, Pump.fun introduced “Cashback Coins,” requiring creators to choose at launch whether fees go to themselves or are redirected to traders, with that high-level model locked in once selected. 

The change aimed to rebalance the distribution of rewards between token deployers and traders. However, while the overall fee model was fixed at launch, creators or coin admins could still adjust the specific wallets receiving those fees and how they were distributed after a token went live.

Related: ‘Hawk Tuah’ girl Haliey Welch says memecoin implosion ‘traumatized’ her

This meant that even if the model didn’t change, the underlying recipients could, creating potential trust issues for traders. The latest update narrows that flexibility by allowing only a single post-launch change to fee recipients, after which the configuration is permanently locked.

Advertisement

Early community reactions suggest the change may do little to address broader trading dynamics on the platform. X user gake said the change might not help much, while another user, tom, described it as a “drop in the bucket” that shows the team is at least acknowledging the issue.

Pump.fun activity drops as fees and volume fall year over year

Pump.fun’s shift in its incentive structure comes as its fees have declined from their peak. DefiLlama data shows that in January 2026, the platform recorded $31.8 million in fees, down about 75% from $148 million in January 2025, its best-performing month to date.

In February 2026, the platform recorded $25 million in revenue, down 66% from nearly $75 million in February 2025.

Pump.fun’s monthly revenue chart. Source: DefiLlama

The platform’s trading volume has followed a similar pattern. According to DefiLlama, Pump.fun recorded monthly volume of over $11.6 billion in January 2025, which fell to about $2.1 billion in January 2026, a decline of roughly 81%.

In February 2026, monthly volume totaled about $1.91 billion, down 68% from $6.1 billion in February 2025.

Advertisement