MARKET UPDATE:

-Bitcoin bounced above $71,000 yesterday due to Peace Hopes as Trump calls U.S War on Iran a 'Little Excursion'..

-The market saw $60 Billion in Liquidity injection, lifting the total market cap to $2.32 Trillion..

-BTC pumped past $70,000 due potential to Iran peace deal and short liquidations also boosted BTC's rally..

-Next BTC Resistance is around $73,000 - $74,000 zone.. If bitcoin reclaims $74,000 then it could push the price towards $78,000..

-Also don't ignore the fact that BTC has good chances of coming down to $45,000 -$50,000 zone in few months..

MARKET UPDATES:

-Market sentiment: Extreme Fear

-Index value: 15

-BTC Dominance: 59.29%

-Altcoin season index: 36/100

-Total crypto marketcap: $2.37 Trillion..

-Bitcoin price: $69,500
-ETH Price: $2,020

Iranians are turning to bitcoin amid war escalation & inflation

Many users are buying BTC and moving it into self-custody wallets, using it as a potential safe haven. After recent military strikes, outflows from major Iranian crypto platforms reportedly surged by over 700%..

Crude oil is now the 2nd most traded asset on Hyperliquid after bitcoin..

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Crypto regulation in India is on a new phase:

INDIA is developing a Virtual Asset Lab to track offshore crypto platforms..

This includes:
-Analytics
-web surveillance tools
-85 URLs already taken down
-Focus on unregistered exchanges bypassing KYC & tax rules.

Sorry for no posts today guys, we were at TokenIQ..

Ethereum foundation sells 5000 ETH via OTC to Bitmine at an average of $2,042..

Strategy is now among the 4 largest Bitcoin holders alongside Satoshi, BlackRock, and Coinbase.

They’re accumulating Bitcoins regularly, If this pace continues, Strategy could surpass Satoshi’s holdings by March 2027..

Bitcoin Update:

-The bulls have shown strength and have pushed the price of btc up to $74,400.. Breakout from here will signal continuation of uptrend. If it gets rejected from here then it would indicate bearish.

-Btc right now is trading just below the major resistance, so weekly closing is very important..

-bitcoin has huge liquidity around $74k - $75k zone. This pump is showing that bulls are in control but its not, market is just hunting liquidity.. Right now shorts are getting hunted.. Once upside liquity is hunted, then comes downside.. As of now market is still unpredictable, let's wait for clear confirmation..

Iran conflict has canceled one of crypto’s biggest events.

Two major crypto conferences in Dubai ''TOKEN2049'' & ''TON Gateway'' event has been canceled & postponed as geopolitical tensions escalate in the Middle East.

TOKEN2049, one of the largest crypto gatherings in the world, was originally scheduled for April 2026 in Dubai, but organizers have pushed the event all the way to 2027 due to security and travel concerns.

The decision comes as the ongoing conflict continues to disrupt the region, affecting international travel and large global events. Despite the cancellation in Dubai, TOKEN2049 organizers say the Singapore edition later this year will still proceed.

Trump declared that the US doesn't need NATO, Japan, Australia, or South Korea.. According to Trump, Iran's Navy, Air Force, Air Defense, and leadership at every level are gone and he claims the U.S never needed NATO or any ally to begin with.

IMPORTANT:

FOMC Rate Cut decision is today at 2:00 PM ET (11:30 PM IST).

India alone has 90 Million Bitcoin holders which is Bigger than the population of many countries...

Bitcoin falls below $71,000

About $71,000,000,000 has been wiped out from crypto market in few hours..

Israel strikes on Iran’s South Pars, its the largest natural gas field on Earth...

No rate cut

FED RATE IS UNCHANGED, REMAINS AT 3.50% - 3.75%.

MARKET UPDATES:

-Market sentiment: Extreme Fear

-Index value: 23

-BTC Dominance: 58.71%

-Altcoin season index: 52/100

-Total crypto marketcap: $2.42 Trillion..

-Bitcoin price: $70,300
-ETH Price: $2,180