Bitcoin surges to $80.7k ahead of CPI release amid market optimism

Bitcoin is trading at $80.8k, consolidating just above the $80k psychologcial threshold that defined the ceiling of this cycle’s correction for months. While the ascending channel’s higher boundary is still holding, the 100-day MA has been left well behind, and the price’s reaction to the current area where the 200-day MA is also converging will […]

MARA's strategic pivot towards AI and energy infrastructure highlights a shift in leveraging digital assets for diversified growth and stability. The post MARA sells 20,880 Bitcoin for $1.5 billion in Q1 as firm doubles down on AI appeared first on Crypto Briefing.

US inflation numbers are heating up, with experts suggesting a return to post-COVID era.

Persistent inflation and geopolitical tensions may delay Fed rate cuts, impacting economic stability and increasing recession risks by 2026. The post US CPI rise, geopolitical tensions lower 2026 Fed rate cut odds appeared first on Crypto Briefing.

Key takeaways Bitcoin trades around $81,000, maintaining a bullish bias but facing resistance at the 200-day EMA.  Traders await the US Consumer Price Index (CPI) data, which could trigger volatility in BTC and risky assets.  US CPI report could drive volatility for Bitcoin Bitcoin traders are awaiting the release of the US Consumer Price Index […] The post Bitcoin struggles at key technical levels, awaits US CPI data for fresh volatility appeared first on CoinJournal.

A hotter CPI could delay rate cuts, impacting risk assets and crypto markets, as investors reassess economic conditions and inflation trends. The post Morgan Stanley sees ‘spicier’ CPI as inflation week kicks off appeared first on Crypto Briefing.

The post XRP To $10? Thesis Links CLARITY Act To Bank-Scale Liquidity appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader cur

The post Bhutan moves another $8.2M in Bitcoin as state reserves keep falling appeared on BitcoinEthereumNews.com. Bhutan’s government has moved another 100.44 BTC worth roughly $8.2 million, extending a months-long pattern of treasury outflows tied to wallets tracked by blockchain analytics firms. Summary Bhutan moved 100.44 BTC worth about $8.2 million to an unlabeled wallet as state-linked outflows continued into May. Arkham estimated that Bhutan-connected wallets have transferred more than $230 million in bitcoin since the start of 2026. Bhutan still holds about 3,119 BTC, although its reserve has fallen sharply from more than 13,000 BTC recorded in 2024. According to on-chain data published Tuesday by Arkham Intelligence, the Royal Government of Bhutan transferred the bitcoin at 5:27 a.m. UTC through three separate transactions to an unlabeled wallet beginning with “bc1qn.” Arkham, which started monitoring Bhutan’s holdings in 2024, said the movement appeared consistent with prior