Here’s what happened in crypto today
Bitcoin’s recovery remains fragile despite reclaiming $67,000, with weak volume, on-chain metrics, momentum, and on-balance volume suggesting limited conviction. Market direction is seen as highly sensitive to geopolitical risk, especially the outcome of a reported US-Iran peace deal; a breakdown could bring oil shocks and renewed volatility. The CFTC hired Donald Battle, a former SEC crypto task force adviser with blockchain forensics and data science experience, as chief data innovation officer, signaling a stronger regulatory focus on crypto and digital asset enforcement. Strategy bought 1,587 BTC for $100 million at an average price of $63,024, lifting its total holdings to 846,842 BTC. The company’s average cost basis fell slightly to about $75,656, while its stack is now worth roughly $56.1 billion at current prices.
