GameStop (GME) is aiming for a major expansion with a proposed $55.5 billion acquisition of online marketplace eBay (EBAY), raising fresh questions about whether its bitcoin BTC$80,040.21 holdings could help fund the deal.

The video game retailer, which holds about $368 million worth of BTC, submitted a non-binding offer Sunday to buy eBay for $125 per share in cash and stock. The bid represents a 46% premium to eBay’s share price in early February, when GameStop began building a position. The company said it now holds a 5% economic stake through shares and derivatives.

A deal of this size would likely require significant cash. GameStop said it expects to fund the offer using its $9.4 billion of “cash and liquid investments” on its balance sheet and up to $20 billion in financing, backed by a letter from TD Securities.

Will GameStop sell BTC?

That raises fresh questions about whether GameStop will sell its BTC to help pay for the deal.

The acquisition plan follows earlier remarks from CEO Ryan Cohen, who said in February he was pursuing a “very, very, very big” acquisition of a public consumer firm. He described the plan as “way more compelling than bitcoin” and left open the option of selling the company’s crypto holdings to fund a deal.

GameStop disclosed last month that it shifted about 4,709 BTC to Coinbase Prime, crypto exchange Coinbase’s prime brokerage platform for institutions, as part of a covered-call options strategy, keeping exposure to bitcoin while generating income.

The company held little over $9 billion in cash and accounted for its $368 million bitcoin stash as “receivables” after the Coinbase Prime maneuver. Those items add up to the $9.4 billion balance sheet power that could be used to fund the acquisition.

In an interview with CNBC, Cohen also said the firm has the “ability to issue stock in order to get the deal done.”

GameStop did not respond to a request for comment on its plans for its bitcoin holdings by press time.

The proposed eBay deal would turn GameStop into a broader e-commerce player. It will also determine whether the firm’s bitcoin remains a long-term holding or becomes a funding source for the expansion.

Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit. 

The new facility reducwd the company’s fixed interest rate to 7% from 9% under the prior Coinbase credit structure, as part of the company’s focus on lowering the cost of debt on its Bitcoin-backed credit and broader cost of capital, said Hut 8 in a Monday announcement.

The refinancing unencumbered about 3,300 BTC, worth roughly $260 million, from the collateral package after replacing the prior Coinbase facility, Hut 8 said.

The deal shows how Bitcoin miners and energy infrastructure firms are using BTC reserves to manage liquidity without selling their holdings, as Hut 8 expands into AI data centers and prepares to report first-quarter earnings on Wednesday.

“Our capital strategy is designed to lower our cost of capital, reduce risk, and expand strategic flexibility,” said Asher Genoot, CEO of Hut 8, adding that the new facility helps improve the company’s cost of debt on Bitcoin-backed credit and “expands our position of unencumbered Bitcoin.”

On Feb. 25, Hut 8 posted a fourth-quarter net loss of a $279.7 million, from income of $152.2 million a year earlier, Cointelegraph reported. The results were affected by a $401.9 million loss on digital assets in the quarter, compared with a $308.2 million increase a year earlier.

Top Bitcoin mining companies by market capitalization. Source: Companiesmarketcap.com

Hut 8 is the third-largest Bitcoin mining firm by market capitalization, currently worth about $8.6 billion according to Companiesmarketcap data. However, it only ranks as the 17th-largest Bitcoin miner in terms of hash rate, according to Bitcoinminingstock.

Related: Capital B raises $1.3M from Adam Back for Bitcoin strategy

Hut 8 shares rise in pre-market trading

Shareholders welcomed the new Bitcoin-backed credit facility, as Hut 8 shares rose over 1.1% in pre-market trading on Monday, data from Yahoo Finance shows.

Hut 8 stock price, year-to-date chart. Source: Yahoo Finance

Hut 8’s stock price is up over 67% year-to-date and has gained significant traction since the Bitcoin miner announced its expansion to AI data center infrastructure.

On Dec. 17, 2025, Hut 8 signed a 15-year lease for 245 megawatts of AI data center capacity at its River Bend campus valued at $7 billion. The agreement includes payments financially backstopped by Google and builds on Hut 8’s broader expansion into AI. 

Other Bitcoin miners that announced strategic pivots to AI infrastructure include  CleanSpark, Core Scientific, HIVE Digital and MARA Holdings.

Magazine: Bitcoiners eye ‘sell in May,’ SBF’s bid for new trial shut down: Hodler’s Digest, April 26 – May 2

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

The best crypto presale debate gained fresh weight after Riot Platforms expanded its AMD data center deal to 50MW with options to reach 150MW per CoinDesk. Miners are moving away from pure mining as costs rise, and Riot’s shares jumped 8% on the pivot. When companies built around Bitcoin diversify, the signal is clear: large cap mining returns are tightening.

Even if Bitcoin doubles from $78,519, a $10,000 position becomes $20,000. Pepeto stands out as the best crypto presale with $9.78 million raised, active trading tools, and an approaching Binance listing built by the Pepe founder.

Best Crypto Presale: Miners Pivot as Bitcoin Tests $80K Resistance

Riot expanded its AMD partnership to 50MW at its Texas facility, signaling pure mining cannot sustain margins. Strategy added 3,273 BTC last week for $255 million to reach 818,334 total at $75,537 average per CoinDesk.

Bitcoin trades at $78,519 with $80,000 as resistance. The pressure pushing miners to diversify opens the gap between presale and listing pricing.

Top Presale and Market Tokens: Pepeto, BTC, and DOGE

Pepeto: The Best Crypto Presale With Working Tools and an Approaching Listing

Bitcoin whales added 270,000 BTC in the past 30 days and exchange reserves dropped to a seven-year low. Large holders are building positions. Retail faces a different equation. Bitcoin at $78,519 with an ATH of $126,200 offers 62% upside at most, and that could take all year.

The best crypto presale changes that math. PepetoSwap handles every trade at zero fees so positions remain complete, and the contract scanner checks every token before capital gets near it.

The Pepe cofounder put this together with a former Binance developer. SolidProof cleared the codebase, and the cross-chain bridge moves tokens across Ethereum, BNB Chain, and Solana at zero cost. Staking at 175% APY builds rewards daily while the listing draws closer.

At $0.0000001868, analyst models project 100x because viral culture from the Pepe founder paired with a working exchange and an approaching listing is the rarest combination this cycle has produced. A $500 position at presale price becomes $50,000 at that projection, and a $2,000 entry converts to $200,000, numbers that Bitcoin at $78,519 cannot deliver in any scenario this year.

The Binance listing shuts this window, and the wallets inside need only that single event to convert presale cost into returns that large cap holders wait years to see. The best crypto presale entries that built generational portfolios in past cycles were always secured during peak fear, and Pepeto’s approaching listing will seal this price permanently along with every multiple it carries.

Bitcoin (BTC) Price at $78,519 as Whales Add 270,000 BTC and Exchange Reserves Hit 7-Year Low

Bitcoin trades at $78,519 per CoinMarketCap, up 0.03% pressing $80,000. Whales bought 270,000 BTC in 30 days while exchange reserves hit levels not seen since December 2017.

The Bitcoin ATH of $126,200 sits 62% above current price. Support holds at $75,000 and resistance at $80,000. Even $100,000 is 1.3x, a move that does not reshape retail holdings when the best crypto presale offers wider listing distance.

Dogecoin (DOGE) Price at $0.109 as Token Breaks Above $0.10 on 10% Weekly Gains

Dogecoin trades near $0.109 with a 10% gain over seven days, breaking $0.10 on strong volume. The SEC and CFTC classified Dogecoin as a digital commodity in March 2026, and whale wallets hold a record $11.6 billion.

X Money integration remains unconfirmed and recovery to the $0.7376 ATH requires 577%. From $0.109, Dogecoin return math delivers smaller percentages that cannot reshape a portfolio the way a best crypto presale entry before a listing can.

Conclusion:

Miners are pivoting to AI data centers because mining margins keep tightening. Strategy keeps buying at near breakeven after $61.8 billion spent. Large caps protect institutional capital, they do not grow it for retail, and the best crypto presale is where that growth starts.

The wallets that enter before the market prices in a listing are the ones that collect the largest returns, and $9.78 million already inside the contract at $0.0000001868 shows where the smart money is moving. The Pepeto presale is where that positioning happens right now, and the gap between presale cost and listing price is not a gap that stays open for long. Hesitate, and the early wallets set the price everyone else pays, at whatever level they decide to sell.

Click To Visit Pepeto Website To Enter The Presale

FAQs

Which is the best crypto presale while Bitcoin miners pivot to AI data centers?

Pepeto leads as the best crypto presale with $9.78 million raised, a SolidProof audit, working zero-fee exchange tools, and an approaching Binance listing built by the Pepe cofounder. The presale price of $0.0000001868 closes once trading opens.

What is the Dogecoin price prediction after breaking above $0.10?

Dogecoin trades at $0.109 after gaining 10% in seven days, with whale wallets holding a record $11.6 billion. The ATH of $0.7376 requires a 577% move, and recovery depends on X Money integration that Musk has not confirmed.

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Ether’s (ETH) surge to $2,390 on Monday pushed its value above its realized price, implying that the average holder of ETH is now back in profit. But is this enough for the ETH bulls to reach $3,000?

Key takeaways:

• Ether holders are back in profit, increasing chances for more upside.
• Ether’s bull flag chart pattern is targeting $3,000.
• A big potential sell wall exists around $2,800, with 7.1 million ETH on the line.

Ether price rises above its cost basis

Data from TradingView shows that Ether’s price rose 21% to $2,340 on Monday from its local low of $1,940 reached on March 29.

This rally has seen ETH rise above its realized price, or the average cost basis of all moved ETH, currently at $2,320, according to data from Glassnode.

Related: Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

The average ETH holder returning to profit after unrealized losses provides meaningful financial relief for many holders, and perhaps a bullish outlook.

Historically, breaking above this level shifts market sentiment from fear to greed, reducing sell pressure from underwater holders. This often fuels bullish momentum, attracting new buyers and short squeezes.

The chart below shows that when the price reclaimed its realized price in May 2025 after trading below it for roughly two months, it went on to rally 173% to its $4,950 all-time high from $1,800. The gains were 58% after ETH/USD reclaimed its cost basis in early 2023. 

Ethereum: Key pricing levels. Source: Glassnode

Therefore, holding above $2,300 is crucial for the bulls and for a potential retest at $3,000.

Analyst Dami-Defi said that a break above the $2,400-$2,600 would trigger the “most violent move of the year” toward $3,000.

“Once we break $2,400 we will catapult violently to $2,800 – $3,000.”

ETH/USD weekly chart. Source: X/Dami-Defi

As Cointelegraph reported, the ETH/USD pair must overcome resistance at $2,400 to confirm a trend change.

ETH price technical analysis: Bull flag targets $3,000

Ether’s price action has formed a bull flag chart pattern on the daily chart (see below). The price is retesting the $2,350 resistance, where the flag’s upper boundary and the 100-day exponential moving average (EMA) converge. 

A daily candlestick close above this level would open the way toward the measured target at $3,018, roughly 30% above the current price. 

ETH/USD 12-hour chart. Source: TradingView

The daily relative strength index has increased to 56 from near oversold conditions at 36 in late March, suggesting that ETH bulls are returning to the market.

Trader and analyst Cohelson David said a broadening wedge pattern on the 12-hour chart projects an ETH price breakout toward $3,000.

ETH/USD 12-hour chart. Source: X/Cohelson David

However, Ether’s cost basis distribution data shows that investors hold about 7.1 million ETH at an average cost of between $2,750 and $2,850, creating a potential resistance zone.

This concentration suggests that many investors may sell at breakeven, potentially stalling Ether’s upward move.

Ethereum cost basis distribution chart. Source: Glassnode

This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.

Tether’s tokenized gold product, Tether Gold (XAUt), saw reserves expand sharply in the first quarter as investor demand for bullion increased amid macroeconomic uncertainty ahead of the Iran war.

In its latest report, Tether said XAUt surpassed $3.3 billion in market capitalization during the first quarter, representing a 36% increase over the period.

The company disclosed that 707,741 XAUT tokens were in circulation at the end of the quarter, with each token backed by one troy ounce of physical gold held in reserve.

Tether attributed the growth to a broader “flight to hard assets” as investors sought refuge from geopolitical tensions and shifting monetary conditions.

The increase comes amid a volatile quarter for gold. Prices climbed early in the year as investors moved into safe-haven assets, driven by geopolitical tensions and expectations that the Federal Reserve would begin cutting interest rates.

The precious metal later pulled back as immediate rate-cut expectations faded and the US dollar strengthened, reducing bullion demand. Some investors also locked in gains after the earlier rally, where prices briefly peaked above $5,500 a troy ounce. Gold was trading at around $4,500 per troy ounce at the time of reporting.

Year to date, XAUT’s US dollar price is up 4.37%, according to Yahoo Finance data.

Tether Gold (XAUt) market cap before the latest update. Source: CoinMarketCap

Related: Bitwise launches actively managed ETF pairing Bitcoin with gold

Demand for tokenized commodities is on the rise

XAUT accounts for more than half of the tokenized gold market, having expanded by roughly $1.1 billion since the start of the year.

Its closest competitor, PAX Gold (PAXG), issued by Paxos, has a market cap of nearly $2.2 billion and is supervised by the New York State Department of Financial Services (NYDFS).

Together, the two tokens dominate a niche but growing segment of the digital asset market that aims to bring traditional commodities like gold onto blockchain rails.

Their growth reflects rising demand for tokenized commodities, as investors look for easier ways to gain exposure to physical assets without handling storage or logistics. These tokenized products also allow gold to be traded around the clock and transferred globally, features that are not available in traditional bullion markets.

These assets sit within a broader market for tokenized real-world assets valued at nearly $31 billion, according to industry data.

The total market for tokenized real-world assets. Source: RWA.xyz

Related: Tokenized RWA market grows 420% since 2025 on regulatory clarity, access

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Bitcoin extended its latest ascent into the new week, clearing the $80,500 zone and nudging toward the $84,000 level as bulls attempt to take charge. The move comes with a constellation of supporting indicators—from on-chain liquidity signals to rising institutional participation—suggesting the upside may have more room to run, at least in the near term. Yet traders are also weighing potential resistance at key levels and the broader macro backdrop, including equities and the dollar, which could curb momentum if risk-off conditions return.

On-chain dynamics are featuring prominently in the bullish narrative. An indicator tracked by analysts points to a potentially explosive setup if Bitcoin clears the $84,000 mark: a surge above that level could unleash around $2.85 billion in short liquidations across exchanges, underscoring how fragile a breakout can be without broad participation. Meanwhile, capacity for institutional demand remains a recurring theme as funds continue to accumulate exposure to BTC, with observers citing a sustained appetite among large buyers that could propel prices higher in the weeks ahead.

Key takeaways

• BTC has cleared the $80,500 hurdle and eyes a test of $84,000; a break above could trigger meaningful short liquidations around $2.85 billion across exchanges.
• Institutional demand remains a persuasive force, with reports noting periods where buyers absorb 500%+ of Bitcoin’s daily mined supply, a pattern historically associated with further upside in the ensuing weeks.
• The broader market backdrop shows the S&P 500 at fresh highs while the U.S. dollar trades within a tight range, setting up a delicate balance between macro risk and crypto momentum.
• Among the top altcoins, Ether, XRP, and Dogecoin are showing relative strength, while several other major alts have yet to gain sustained traction—highlighting a bifurcated momentum landscape.

Bitcoin momentum and on-chain signals

BTC’s breakout above the $79,500 resistance has investors weighing the next leg higher. If the current momentum holds, the next clear target appears near $84,000, a level that, if decisively breached, could reframe the near-term trajectory for the pair. Traders will be watching whether the price can remain above the 20‑day exponential moving average, currently acting as a short-term fulcrum around the mid-$70,000s; a sustained hold above this EMA would bolster the case for an extended rally.

Analysts have been revisiting the implications of an extended move higher. One widely cited perspective notes that a breakout through $84,000 could prompt substantial short liquidations, a signal that risk appetites across the market could intensify further. In parallel, commentary from market observers has highlighted how on-chain behavior—particularly the pace at which new supply is absorbed by market participants—can serve as a leading indicator for price action in the weeks ahead.

In a contrasting view, some traders emphasize that upside catalysts must be confirmed by a broadening base of buyers, not just a handful of momentum players. As BTC remains tightly correlated with macro catalysts, any escalation in risk-off sentiment could cap gains or trigger a swift pullback, especially if liquidity pockets thin out at key levels.

For context, analysts and industry observers have pointed to notable institutional activity as a contributing factor behind recent price momentum. Charles Edwards, founder of Capriole Investments, noted on X that institutions have been “slurping up 500%+ of Bitcoin’s daily mined supply.” Historical patterns following similar bursts of demand have coincided with multimonth strength, though observers caution that past performance is not a guarantee of future results. If the trend continues, some expect BTC to flirt with higher targets in the near term—potentially into the mid-$90,000s if momentum sustains.

Markets in macro context

Beyond crypto-specific signals, the traditional markets present a mixed but constructive backdrop. The S&P 500 climbed to a fresh high, with the index trading in an uptrend as buyers maintain an edge above the 20-day exponential moving average. The key support around 7,000 remains a strategic line in the sand; a sturdy bounce at that level would bolster the case for a continued rally toward higher targets, while a close below could open the door to a deeper pullback and a test of the 50-day moving average.

The U.S. Dollar Index, meanwhile, has been oscillating between the 50-day moving average near 98.97 and support around 97.74. The near-term bias remains nuanced: a move above the 50-day line could signal renewed dollar strength, potentially weighing on crypto gains, whereas a break below the 97.74 support might invite a renewed risk-on rotation that could help crypto assets extend their gains toward higher resistance levels.

Taken together, the macro backdrop underscores a delicate balance. If risk assets continue to outperform, crypto markets could ride the wave of optimism into the next leg higher. Conversely, a shift toward safer assets or rising volatility could pressure prices, particularly for fragile altcoin momentum where liquidity and sentiment can diverge quickly from BTC.

Altcoin landscape: a mixed bag of signals

Ether extended its recent strength, clearing the 20-day EMA near $2,298 and marching toward the $2,465 overhead resistance. Traders will be watching whether demand can push ETH through that threshold; a sustained breakout could open the door toward a higher target in the vicinity of $3,050, should the momentum persist. A stall at the $2,465 level would be a warning sign that resistance is mounting and that a consolidation phase could ensue, keeping ETH within a defined range for a period.

XRP has also moved higher, lifted by a broader rally in selective large-cap altcoins. A close above the key $1.61 level would put the XRP/USDT pair on track to revisit the $2.00 area and push toward $2.40 as buyers attempt to shoulder the next leg higher. If the price fails to clear that hurdle, XRP could remain trapped in a range roughly between $1.27 and $1.61, delaying a decisive breakout.

BNB seems to be treading water near its moving averages, suggesting indecision between bulls and bears. The immediate range sits around $570 to $687; a sustained close above $687 could unleash a rally toward $790, while a break below $570 would open the path back to $500 as bears attempt to reassert control.

Solana has shown tentative strength as it tests the moving averages. A decisive close above the $82.65 area could propel SOL toward the $90.73 resistance, with a breakout potentially taking the price toward $98. Below $82.65, buyers would need to defend the level to prevent a retrace toward $76, keeping the short-term trajectory uncertain until a clear breakout direction emerges.

Dogecoin has cleared the $0.11 barrier, opening the door to a move toward $0.12 and beyond if bullish momentum persists. A sustained push through $0.12 could target the $0.14–$0.16 region, though a reversal lower from current levels would likely anchor DOGE within a tight range near $0.09–$0.12 for longer.

Hyperliquid has maintained above its 20-day EMA around $41, but a long upper wick hints selling pressure at higher levels. The price could face resistance in the $43.76–$45.77 zone; a break above this area might push the pace of the rally toward $50 and beyond to around $51.43, while a break below the 50-day moving average could tilt the chart back to the bears’ favor toward the mid-$30s.

Cardano has inched above the downtrend line but faces an uphill battle at the 50-day moving average near $0.25. A sustained push above that level could see ADA rise toward $0.29 and then $0.31, with $0.22 acting as a critical support. A break below could reintroduce a corrective phase for the token within its current range.

Overall, the altcoin picture remains nuanced. A handful of the big-cap tokens are showing resilience and fresh demand, while others lag, underscoring a market where breadth and participation remain uneven. Traders should monitor how cross-asset risk appetite evolves, as crypto markets often amplify shifts in macro sentiment more quickly than traditional equities.

What to watch next

Looking ahead, the immediate questions center on whether BTC can sustain its breakout above $84,000 and how the surrounding macro environment will react to continued risk-on or risk-off shifts. A clean close above $84,000 would strengthen the case for higher targets, but traders should remain mindful of potential liquidity-driven volatility and the possibility of a quick pullback if selling pressure intensifies at resistance levels.

On the altcoin side, the next few sessions will reveal whether ETH and XRP can extend their breakouts, whether BNB can decisively clear the $687 hurdle, and how the broader momentum across Solana, Dogecoin, and the niche players like Hyperliquid and Cardano evolves. Investors should watch for confirmation signals—volume expansion, sustained closes above critical thresholds, and evolving correlations with BTC and traditional markets—to gauge whether the current momentum has legs or simply marks a pause before the next chapter.

As always, the evolving interplay between macro drivers, on-chain signals, and trader sentiment will determine whether the week’s rallies solidify into a lasting trend or fade into a consolidation phase. Keep a close eye on how BTC behaves around the $84,000 level and how the SPX and DXY respond to ongoing macro data releases in the days ahead.

The tension between the two geopolitical entities in the Middle East drove Bitcoin downwards as missile attacks were launched on the United Arab Emirates. The progress eroded trust in a shaky ceasefire between the United States and Iran. As a result, Bitcoin slipped below the $80,000 mark after briefly trading above that level earlier.

Bitcoin Retracts Once More Following New Middle East Tensions

Bitcoin dropped when it was announced that there were missile attacks being launched by Iran and directed towards the United Arab Emirates. The UAE military officials identified four missiles, and most of them were successfully intercepted. Nevertheless, the landing of one of the missiles in the surrounding waters has brought up new security issues.

In turn, the market mood changed swiftly as traders responded to the risk of the escalation. Bitcoin dropped out of its highs of over 80,000 and settled around 79,800 in intraday trade. Although the asset decreased, it still experienced relatively low increases in its value each day because of the previous bullish trend.

Bitcoin had been boosted by optimism at an earlier stage as the markets hoped that the United States and Iran would stabilise their relations. Nevertheless, the recent strikes upset such a story and brought a new wave of uncertainty. Consequently, Bitcoin experienced instant selling pressure on large exchanges.

Oil Prices Soar, and Crypto is Under Pressure

The geopolitical events were met with a strong reaction in oil markets, which were concerned about issues of supply disruptions. Brent crude futures shot up more than four per cent and momentarily climbed above the $114 mark. Meanwhile, the West Texas Intermediate futures also surged by over $105 over the period.

Increased oil prices tend to affect the overall financial situation and risk appetite in the markets. In the present scenario, the increase in energy prices put a strain on Bitcoin and other digital currencies. The crypto market, in turn, responded adversely, as the macroeconomic issues grew.

Simultaneously, the tensions around the Strait of Hormuz added to the fears of the interrupted global oil supplies. It was reported that there was increased military activity in the region, though some reports could not be confirmed. However, uncertainty was the only factor that was enough to affect both commodities and cryptocurrencies.

Ceasefire Risks Introduce Uncertainty To the Market Direction

The current missile action poses a threat to a ceasefire agreement that already is fragile between the United States and Iran. The two parties have been recording instances of defusing tensions since the recent developments have been witnessed. Nevertheless, the scenario now seems to be shaky and might change rapidly.

Also, political cues have been inconsistent, and that has contributed to confusion in the market. Some of the proposals that were made to end the conflict had been rejected previously by the United States. Meanwhile, Iran has shown willingness to retaliate in case the tensions continue to escalate.

This dynamic reality has put global financial markets in a complex environment, including cryptocurrencies. Bitcoin was recently on its knees in anticipation of less geopolitical risk and favourable policy changes. The recent surge has, however, undone some of those gains and brought in new volatility.

In general, the recent price trend of Bitcoin indicates its vulnerability to the geopolitical changes and macroeconomic changes in the world. Although the asset is still robust, unexpected incidents still affect the immediate trend. The market can be subjected to additional movements as the tensions continue due to the external forces.