Bitcoin Sell-Off Led by Mid-Cycle Wallets While Long-Term Whales Hold Firm: VanEck

Bitcoin's recent breakout above $95,000 has sparked renewed interest in the cryptocurrency market, leading to the liquidation of nearly $700 million in short positions. This surge in price reflects a growing risk appetite among investors, with market strategists suggesting that the rally has potential for further gains.

Senator Tim Scott, chairman of the Senate Banking Committee, expressed his intention to advance the cryptocurrency market structure bill despite unresolved issues, indicating a desire for legislative progress in the crypto sector.

Bitcoin has surged past $97,000, marking a significant rally as investors increasingly seek haven assets amidst economic uncertainties. This price movement reflects a growing bullish sentiment in the cryptocurrency market, with Bitcoin's recent performance pushing related equities higher.

Internet Computer (ICP) has surged by 13% as part of the CoinDesk 20 index performance update, reflecting a positive trend in its trading activity. This increase comes amidst a broader rise in the index, which has seen various constituents performing well.

Bitcoin has surged past $94,500, marking a significant breakthrough that has energized the crypto markets and led to substantial liquidations of short positions, particularly benefiting altcoins. This upward movement indicates a shift in market sentiment towards a more bullish outlook.

MetaPlanet is nearing a pivotal moment as its shares approach the 637 yen threshold, which would reactivate the company's moving strike warrants and enable significant capital for new bitcoin acquisitions. This development signals a potential resurgence in MetaPlanet's investment strategy in the cryptocurrency market.

U.S. bitcoin buyers are currently driving a price rally, reversing a trend observed in late 2025 where the cryptocurrency faced significant declines. This resurgence is linked to the strength of U.S. equities, particularly influenced by the investment strategies of major players like Strategy.