How a wall of 1.79 million Bitcoin is quietly choking every attempt to break above $65,000
How a wall of 1.79 million Bitcoin is quietly choking every attempt to break above $65,000Bitcoin’s quiet CPI reaction hides a billion-dollar battle between $60,000 and $70,000.
Good to see you this Thursday.Crypto exposure is looking less like a simple beta trade and more like a test of structure, liquidity, and disclosures. BlackRock’s Bitcoin income ETF offset less than 30% of its crypto losses with options, underscoring how product design can soften drawdowns without removing them, especially when headline figures rely on mismatched starting points. The global crypto market cap is $2.18 trillion, with a 24-hour volume of $45.74 billion. The price of Bitcoin is $63,735.95, and BTC market dominance is 58.5%. The price of Ethereum is $1,888.91, and ETH market dominance is 10.4%. The best-performing sector is Derivatives, which gained 4%. The Crypto Fear & Greed Index is currently Extreme Fear (29). đź“° Top NewsHow a wall of 1.79 million Bitcoin is quietly choking every attempt to break above $65,000Bitcoin’s quiet CPI reaction hides a billion-dollar battle between $60,000 and $70,000. BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with optionsThe fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates. Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 capThe Bank of Russia’s proposed gate caps non-qualified residents at ₽300,000 per broker, with only Bitcoin, Ethereum, and USDT eligible. đź—ž️ More News8 reasons to lock in always-on visibility on CryptoSlateIf your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us:
About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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