Bitcoin News

Bitcoin (BTC) is showing signs of attempting to move past its recent downtrend, fueled by a more dovish approach from the Federal Reserve and a shift in President Donald Trump’s trade policies, according to Matrixport’s latest analysis.

Despite widespread speculation that China remains one of the largest government holders of Bitcoin, some experts argue that this may no longer be the case.

Business intelligence firm Strategy has made another significant acquisition, purchasing an additional 6,911 Bitcoins, according to a regulatory filing released on Monday.

Metaplanet, a Japanese investment firm, has expanded its Bitcoin holdings by acquiring an additional $12.6 million worth of the cryptocurrency.

Pakistan’s push to become a global crypto leader took a significant turn on March 21 when Bilal Bin Saqib, CEO of the Crypto Council of Pakistan, suggested harnessing the country’s surplus energy for Bitcoin mining.

A well-known crypto analyst is holding firm in the belief that Bitcoin (BTC) is still in bullish territory, despite widespread speculation that the market may experience a downturn.

Bitcoin’s current market downturn is unlikely to last much longer, according to crypto analyst Timothy Peterson, who believes a recovery could be on the horizon within the next three months.