Crypto

Bitcoin slides but long-term holders boost BTC stash 69 percent, on-chain metrics strengthen

Bitcoin fell 22 percent in the first quarter, but long-term accumulation-minded investors increased their holdings by 69 percent, Ark Investment Management said. Bitcoin ended the quarter at about $68,200, below three key support levels, putting it in a technically bearish zone, Ark said. It did not see signals of a historical bottom. U.S. spot bitcoin ETF holdings were little changed at about 1.29 million BTC, while long-term buyers raised holdings from about 2.13 million to 3.60 million BTC.

Crypto

Bitcoin\'s $80,000 level seen as pivotal as ETF investors and short-term whales near break-even

Bitcoin\'s $80,000 level has emerged as a key turning point, with spot ETF investors and short-term whale holders clustered around break-even prices. Analysts said selling pressure could rise near $80,000 as both groups sit close to their realised prices. At the same time, signs of tighter supply have appeared as exchange balances fall and institutional buying channels expand. Derivatives markets still show short-selling dominance.