Bitcoin taps $81K as long-term holders add 330K BTC: How high can price go?
Accumulation by long-term Bitcoin holders, buying by institutional investors and a strengthening technical structure could fuel BTC’s price rise to $95,000 or higher....
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Bitcoin Price Rockets Past $81,000 for the First Time Since January
Bitcoin surged past $81,000 for the first time since January, driven by $2.44 billion in spot ETF inflows, institutional buying from MicroStrategy, and geopolitical easing in the Middle East. BlackRock's IBIT captured 70% of ETF flows. Options markets show traders positioned for this rally weeks prior. Key catalysts this week include MicroStrategy earnings and Friday's U.S. nonfarm payrolls data.
Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees
Toncoin surged 36% in 24 hours as Telegram founder Pavel Durov announced the messaging platform will replace the TON Foundation as the ecosystem's primary driver and become its largest validator. Transaction fees have dropped nearly to zero, making micro-transactions viable. The shift signals market confidence in Telegram's direct commitment to the chain's development and security.
One bank after another scraps Fed rate-cut forecasts. Bitcoin doesn't care.
Major banks abandoned Fed rate-cut forecasts, yet Bitcoin surged past $80,000, suggesting macro headwinds are losing influence. BTC now trades as inflation hedge despite higher-for-longer rates. Technical resistance at $81,500 and $84,000 CME gap remain critical. Altcoins show selective strength. Market sentiment sits neutral at Fear-Greed midpoint, signaling potential turning point for Indian crypto investors monitoring global momentum shifts.