Bitcoin short-term cost basis approaches profitability, but $80K must flip to support first
Crypto markets turned euphoric as BTC traded above $80,000, but a rally through short-term holders’ cost basis is needed to cement the bull trend....
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K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot
K-pop firm HYBE abandoned its Bitcoin treasury strategy to pursue AI investments, causing stock decline. Bitcoin trades around $80,294 with modest gains. The pivot signals shifting corporate interest from cryptocurrency holdings toward artificial intelligence sectors. This reflects broader market uncertainty about crypto adoption among traditional companies and potential competitive pressures in emerging tech fields globally.
Price predictions 5/4: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA
Bitcoin has broken above the $79,500 level, backed by solid buying by institutional investors. Will the altcoins also follow?...
Bitcoin bounces around $80K as Iran strike unsettles crypto, risk assets
Bitcoin oscillated around $80,000 as Iran's strike on UAE petroleum facilities triggered geopolitical uncertainty across risk assets. Oil surged past $105/barrel, pressuring equities. Traders eyed CME futures gaps as resistance levels, while short-term BTC holders approached breakeven. Key support sits near $76,500; sustained closes above $81,500 could unlock $87–92K rally potential amid volatile macro conditions.