April PCE Hits 3.8%, Highest Since 2023, as Bitcoin Slides to $73K
April PCE inflation rose to 3.8% year-over-year, its highest since May 2023, sending Bitcoin lower and reinforcing expectations the Fed will hold rates steady.
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April PCE inflation rose to 3.8% year-over-year, its highest since May 2023, sending Bitcoin lower and reinforcing expectations the Fed will hold rates steady.
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Bitcoin's slide below $73,000 has triggered active distribution signals, but declining realized losses and weak spot volumes suggest sell pressure may be easing.
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Bitcoin fell back below $73,000 as crypto markets ignored a reported U.S.-Iran ceasefire draft, even as stocks rallied and oil dropped on the news.
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CryptoQuant data shows whale balances flat since February 2026 and dolphin holdings trending lower since September 2025, signaling weakening demand from Bitcoin's largest holders.
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CryptoQuant data shows Bitcoin whale balances declining and dolphin accumulation stalling, in a pattern the firm says mirrors the 2022 bear market.
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Trump's Truth Social post declaring America the crypto capital of the world prompted aligned support from the SEC, Senate Republicans, and Ripple for the CLARITY Act.
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Five Bitcoin miner stocks gained 22–30% in a week as AI infrastructure deals from IREN, Hut 8, TeraWulf, KEEL, and Cipher outpaced a sliding BTC price.
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The U.S. Clarity Act, heading to a Senate floor vote, could reshape global crypto regulation — drawing both optimism from supporters and warnings from critics.
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Prediction market odds for Bitcoin falling below $70K by month's end have risen sharply, with ETF outflows topping $2.6 billion over an eight-day losing streak.
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Sequans Communications is exiting its Bitcoin treasury strategy after less than a year, citing a refocus on IoT semiconductors as BTC fell 30% since its June 2025 launch.
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Trump voiced support for the CLARITY Act on Truth Social, calling it a permanent framework for crypto regulation, as the Senate bill faces ethics-related delays.
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Bitcoin rebounded above $77K on Iran-U.S. peace talk optimism, but whale selling and mixed analyst signals cloud the near-term outlook.
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