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BTC Price Holds $70K as Analysts Spot Cycle Reset Signs

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Bitcoin, Ethereum, Dogecoin, and new utility protocols

Bitcoin (BTC) stayed near the $70,000 level after a volatile week shaped by geopolitical tensions and the latest Federal Reserve meeting. BTC price traded at $70,672.50 at the time of writing, down slightly over 24 hours and up 0.11% over the past seven days.

Summary

  • BTC price stayed above $70,000 after sharp swings tied to macro pressure and Fed remarks.
  • Analysts said bitcoin’s valuation and realized price levels now resemble past cycle bottom formations.
  • Binance outflows averaged $55 million daily, pointing to steady demand behind bitcoin’s recent resilience.

Bitcoin pushed toward $74,000 twice in recent days before failing to hold that level. Over the weekend, BTC price dropped toward $70,000 after market pressure followed U.S. military action on Iranian infrastructure.

The asset then recovered early in the week and climbed to $76,000 on Tuesday, its highest level in almost six weeks. That rally faded quickly. Bitcoin slipped back to $74,000 on Wednesday and then fell from about $74,400 to $71,200 before the FOMC decision.

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The Federal Reserve kept interest rates unchanged, which matched market expectations. Bitcoin briefly rebounded to $72,000 after the decision, but later comments from Fed Chair Jerome Powell on inflation and the economy added pressure and pushed BTC down to $68,800 on Thursday.

Even with those losses, bitcoin avoided a deeper breakdown and moved back above $70,000. That recovery has kept attention on current support levels and near-term trader positioning.

Analysts point to cycle and valuation signals

Crypto analyst Michaël van de Poppe said the valuation of BTC against gold is showing a monthly engulfing signal. He wrote, “It doesn’t mean that we immediately go up from here,” while adding that similar setups in 2015, 2018 and 2020 marked bear market lows.

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Another market watcher, CryptosRus, said bitcoin is trading near its realized price, a level that has previously aligned with major cycle lows. He said

“Every time $BTC reaches this zone, it doesn’t stay here for long.”

Moreover, CryptoQuant analyst burakkesmeci said Binance netflow data suggests steady buying demand behind bitcoin’s recent strength. According to his reading, the Binance BTC Netflow SMA30 has stayed below zero, showing sustained exchange outflows.

He said about $55 million worth of BTC has been leaving Binance daily on average. That trend, he said, helped support bitcoin’s rise from $65,000 to $74,000 and may explain why BTC price has remained firm even as broader markets faced pressure.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Crypto World

Strategy (MSTR) on track for second-biggest BTC buying quarter despite price drop

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Strategy (MSTR) on track for second-biggest BTC buying quarter despite price drop

Strategy (MSTR), already the world’s biggest corporate holder of bitcoin , is on track to record its second-largest quarterly accumulation, continuing its aggressive treasury expansion even as the cryptocurrency’s price sank 20%.

Since January, the company has bought 89,618 BTC, bringing its total holdings to 761,068 BTC. With two Mondays still left for potential purchase announcements this quarter, that number could grow even further.

The only time Strategy has bought more bitcoin was fourth-quarter 2024, when it added 194,180 BTC. That November alone accounted for three of the company’s five largest purchases, with Strategy buying 27,200 BTC, 51,780 BTC, and 55,500 BTC in quick succession as the price surged to $100,000 from $70,000 following President Donald Trump’s second election victory.

In contrast, the past three months have seen bitcoin’s price slump to a level that is now more than 40% below October’s record high $126,000. Strategy’s common stock has dropped 15%.

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Recent purchases have been partly funded by sales of the company’s perpetual preferred offering, Stretch (STRC), which accounted for up to 15,000 BTC over the past two weeks. However, as the STRC price failed to reach its $100 par value this week, the company has been unable to utilise the program for now.

Strategy’s accumulation is not just price-dependent. It is driven by capital availability.

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Hong Kong Retiree Loses $840K in Triple Crypto Scam

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Cryptocurrencies, Fraud, Hong Kong, Scams, Social Engineering

A 66-year-old Hong Kong retiree lost 6.6 million Hong Kong dollars (roughly $840,000) in a string of three related crypto investment scams after repeatedly trusting self-proclaimed “virtual currency experts” who reached out via WhatsApp, according to Hong Kong police’s CyberDefender unit.

In a March 20 Facebook post, police said the victim was first approached in September 2025 by a scammer who cold messaged, claiming to be a “virtual currency investment expert” and promising steady gains if the victim followed his advice. The retiree then transferred $180,000 and deposited crypto into a wallet the scammer controlled, only to watch him disappear, prompting the filing of a police report.

The case shows how fraudsters can recycle the same victim through successive schemes that start with “guaranteed profit” pitches and escalate into offers to recover funds that have already been stolen.

“Life has no take two; but scams can have take three,” the CyberDefender team wrote, warning that genuine professionals do not rely on random outreach and that phrases such as “guaranteed returns” and “inside information” are classic red flags. 

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Related: How US investigators traced $61M in crypto tied to romance scams across wallets

Cryptocurrencies, Fraud, Hong Kong, Scams, Social Engineering
Hong Kong retiree loses $840,000 in triple crypto scam. Source: CyberDefender

Triple “crypto expert” scam drains retiree’s savings

The retiree then transferred $180,000 and deposited crypto into a wallet the scammer controlled, only to watch him disappear, prompting the victim to file a police report.

​Unwilling to accept the loss, the victim later searched online for another “crypto expert” who claimed he could help recover the missing funds, but then demanded $75,000 as a security deposit. After the victim paid, that expert also vanished.

In January, a third supposed specialist messaged the retiree on WhatsApp offering to reclaim both prior losses if the victim bought $585,000 in crypto and sent it to a specified address. Once the victim complied, that scammer disappeared as well, bringing the total losses over roughly six months to approximately $840,000.

​Incident falls amid rising Web3 fraud

The case lands against a broader backdrop of mounting crypto-related crime. Web3 platforms saw about $3.95 billion in losses in 2025, with state-linked hackers and weak key security driving much of the damage, according to security firm Hacken.

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Authorities worldwide have also flagged new waves of phishing and investment fraud, from the FBI’s recent warning over fake FBI tokens on Tron to India’s GainBitcoin probe and US efforts to forfeit $3.4 million in Tether tied to a multi-state investment scam.

Magazine: Influencers shilling memecoin scams face severe legal consequences