The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Bitcoin trapped late buyers at $68,000 with oil still above $100 ahead of a news briefing by US Secretary of Defense Pete Hegseth.A negative Coinbase Premium forms one of several reasons for caution over BTC price action.
“Earlier price bounced, due to aggressive new longs trying to catch a rebound, getting trapped at the highs yet again,” it “Spot selling , while longs keep opening . If anything, that’s a bull trap.”Independent analyst Filbfilb flagged low US demand in the form of a negative Coinbase Premium as grounds for further caution. After a “second strong rejection,” he told Telegram channel subscribers, weak price action during US trading sessions was not a “fantastic sign at the lows.”, the Coinbase Premium measures the difference in price between Coinbase’s BTC/USD and Binance’s BTC/USDT pairs. It has been positive for only brief periods since October 2025, per data from onchain analytics platformGeopolitical nerves continued to dictate market sentiment on the day, with the US Department of Defense scheduled to hold a WTI crude oil climbed above $106 to start the week — its highest since March 9 — before settling slightly lower.With stock markets on edge, crypto trader Michaël Van de Poppe said that it was “probably better to ask 'when' instead of 'if' we're going to see the price of Bitcoin fall.” “Trend is also still downwards, so I would suggest that early April we'll be sweeping the lows to get that liquidity going and return back upwards after that.”This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin price analysis: Bullish bets on Bitfinex surgeHistorically, spikes in Bitfinex BTC/USD longs have acted as a contrary indicator.
Read more »
Elon Musk Posts Bitcoin Anime Girl, BTC Price Remains in GreenElon Musk used the generative video power of his xAI platform to animate the Bitcoin anime girl.
Read more »
Bitcoin in 'Stress Phase,' But 'Real Opportunity' Starts Afterwards: Can Price Hit $100,000?Market is not yet ready for a proper recovery, despite a somewhat positive dynamic on Bitcoin's market.
Read more »
Bitcoin price models point to $40K–$50K as potential BTC bottomThe most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Read more »
Bitcoin's Biggest Quantum Critic Breaks Down 'Failure' of Michael Saylor's Bitcoin StrategyFounder of Capriole Investments Charles Edwards details the $6.4 billion in wealth destruction within corporate BTC reserves, citing the failure of "locked leverage" in 2026.
Read more »
Samson Mow Celebrates Elon Musk's Bitcoin Tweet, Citing 2026 PredictionSamson Mow, CEO of JAN3, sees Elon Musk's recent tweet featuring the 'Bitcoin anime girl' as validation of his 2026 Bitcoin predictions, specifically the one about Musk's increased interest in Bitcoin. The news highlights Musk's past and present Bitcoin-related activities and the potential impact of his actions on the cryptocurrency.
Read more »