$58K BTC price still in play? Five things to know in Bitcoin this week

Bitcoin traders demanded further support reclaims to avoid a return to fresh macro lows next, as BTC price hit six-week highs.

https://cointelegraph.com/news/58k-btc-price-still-in-play-five-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin price teases key support reclaims with weekly close above $70K

Bitcoin edged toward an important weekly close above $70,000 that would include a reclaim of an important 200-week trend line.

https://cointelegraph.com/news/bitcoin-price-teases-key-support-reclaims-weekly-close-above-70k?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

USDC market cap nears record $80B amid ‘capital flight’ in UAE: Analyst

USDC’s market cap is approaching a record $80 billion, with one analyst linking the surge to capital flight and turmoil in Dubai’s real estate market.

https://cointelegraph.com/news/usdc-market-cap-nears-80b-uae-capital-flight-analyst?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks

Bitcoin bulls squeezed the market toward $74,000 again as promising US inflation data buoyed risk assets, but BTC price forecasts stayed mixed.

https://cointelegraph.com/news/bitcoin-price-eyes-74k-rematch-us-pce-inflation-boosts-crypto-stocks?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin's 'extremely precise' macro signal puts $100K target back in play

US and China's yield crossover amid whale buying suggest Bitcoin may be close to a price bottom, setting up for a move toward six figures in the coming months.

https://cointelegraph.com/news/bitcoin-extremely-precise-macro-signal-100k-target-back-in-play?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Perp DEXs become the latest battleground for blockchains

Chains are launching perp DEXs to capture trading activity, but history suggests liquidity will consolidate around only a handful of platforms.

https://cointelegraph.com/news/perp-dexs-become-the-latest-battleground-for-blockchains?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin buyers 'in control' but trend won't change until this level breaks

Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend.

https://cointelegraph.com/news/bitcoin-buyers-in-control-trend-wont-change-until-this-level-breaks?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

JPMorgan sued over alleged role in $328M crypto Ponzi scheme

Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.

https://cointelegraph.com/news/jpmorgan-328-million-crypto-ponzi-scheme-goliath?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin rebounds on flat US CPI as oil price cools on 400M barrel release

Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode.

https://cointelegraph.com/news/bitcoin-rebounds-flat-us-cpi-oil-price-cools-400m-barrel-release?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin can flip 'highly volatile' as bull case eyes $80K rebound by April

Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls' key reclaim level.

https://cointelegraph.com/news/bitcoin-flip-highly-volatile-bull-case-80k-rebound?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin leads, altcoin indicators drop to intriguing lows: Time for an altseason?

Bitcoin is the frontrunner in the crypto market, while 36% of altcoins trade near their all-time lows. Do altcoin price metrics suggest an altseason is next?

https://cointelegraph.com/news/bitcoin-leads-altcoin-indicators-drop-to-intriguing-lows-time-for-an-altseason?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound

Bitcoin hits $71.5K+ local high as analyst sees bears 'stepping in' soon

Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance.

https://cointelegraph.com/news/bitcoin-hits-71-5k-local-high-analyst-bears-stepping-in-soon?utm_source=rss_feed&utm_medium=editors_pick_rss&utm_campaign=rss_partner_inbound