Bitcoin Is No Longer Considered an Ephemeral Investment Option
The performance of Bitcoin over the last few months has given investors many reasons to be happy about. In less than four months, BTC went from being worth less than £10,000 to being worth over £40,000, and it does not seem like this upward momentum is going to stop any time soon. The interesting thing…
The performance of Bitcoin over the last few months has given investors many reasons to be happy about. In less than four months, BTC went from being worth less than £10,000 to being worth over £40,000, and it does not seem like this upward momentum is going to stop any time soon. The interesting thing […] Read More
BlackRock’s IBIT Bitcoin ETF gained about 1.5% of assets while SPDR Gold Shares lost roughly 2.7% since the Iran war escalated. The post Bitcoin ETFs Draw Inflows as Gold Funds See Outflows Amid Iran War appeared first on Crypto News Australia…
Published
2 hours ago
in
By
BlackRock’s IBIT Bitcoin ETF gained about 1.5% of assets while SPDR Gold Shares lost roughly 2.7% since the Iran war escalated.
The post Bitcoin ETFs Draw Inflows as Gold Funds See Outflows Amid Iran War appeared first on Crypto News Australia… Read More
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin above $71,000, ETH, SOL, ADA zoom higher as cryptos shrugs off stock weakness Majors posted modest gains Friday with BTC hovering near the top of its month-long range even as equities struggle under rising energy prices and geopolitical stress. By
Published
2 hours ago
in
By
Markets
Share this article
X (Twitter)LinkedInFacebookEmail
Bitcoin above $71,000, ETH, SOL, ADA zoom higher as cryptos shrugs off stock weakness
Majors posted modest gains Friday with BTC hovering near the top of its month-long range even as equities struggle under rising energy prices and geopolitical stress.
By Shaurya Malwa
Updated Mar 13, 2026, 4:44 a.m. Published Mar 13, 2026, 4:39 a.m.
Make preferred on
What to know:
Bitcoin is holding near $71,000 and trading at the upper end of a monthlong consolidation range, even as global stock markets wobble and oil prices climb.
The broader crypto market, with a capitalization around $2.4 trillion, has remained in a tight band since late January, with major tokens like Ether, Solana, XRP and BNB posting modest gains.
Analysts say Bitcoin’s resilience reflects a stabilization phase that may require new capital for a sustained rally, as institutions increasingly explore Bitcoin-native financial infrastructure and so-called Bitcoin DeFi.
Bitcoin BTC$66,927.24 held firm near $71,000 on Friday, extending a quiet stretch of consolidation that has kept the crypto market largely unmoved by turbulence in global equities.
BTC traded around $71,300 in early trading, up roughly 2.6% over the past 24 hours and slightly higher on the week. Ether (ETH) changed hands near $2,117, gaining about 4.6% on the day, while solana (SOL) climbed more than 5%. XRP (XRP) rose to $1.41 and BNB hovered around $661, both posting modest daily gains.
The broader crypto market capitalization sat near $2.4 trillion for a third straight session, reflecting a market that has been stuck in a tight band since the sharp sell-off in late January.
That stability stands out against a much shakier backdrop in traditional markets. Asian stocks slipped earlier Friday and the S&P 500 has struggled this week as oil prices surged toward $100 per barrel amid geopolitical tensions in the Middle East and supply disruptions.
Yet crypto markets appear to be largely ignoring those pressures for now.
“Bitcoin is feeling more confident at levels near $70K, settling at the upper limit of the consolidation range of the last four weeks,” said Alex Kuptsikevich, chief market analyst at FxPro. “It is difficult for Bitcoin to grow amid a strengthening dollar and falling stock indices.”
“But the very fact that it is holding steady against this backdrop supports hopes for a fundamental change in sentiment compared to previous months, when almost any news was a reason to sell BTC.”
Data from analytics firm Glassnode suggests the current phase is more stabilization than breakout. The firm noted that while some on-chain metrics are improving, a sustained bull run would likely require a fresh influx of capital rather than continued rotation among existing holders.
The relative calm may also reflect a broader shift in how institutions view the asset.
“Indeed, Bitcoin is in its transition phase as a financial tool,” said Dom Harz, co-founder of BOB. “Institutions want more than exposure to Bitcoin and are increasingly looking for the infrastructure designed to unlock Bitcoin’s financial utility.”
Harz pointed to the growing push toward Bitcoin-native financial infrastructure — often referred to as Bitcoin DeFi — that allows institutions to build lending, payments and yield products directly on top of Bitcoin’s security layer.
“This Bitcoin-native financial architecture is at the centre of Bitcoin DeFi,” Harz said. “As the macro backdrop continues to challenge legacy asset classes, the advantages of a financial system built on Bitcoin DeFi become clear.”
For now, price action suggests traders remain comfortable keeping bitcoin inside its recent $60,000–$72,000 corridor. Until a clear macro catalyst or wave of new capital arrives, the market appears content to consolidate near the upper end of that range rather than chase a breakout.
More For You
The Definitive Stablecoin Landscape Series: North America
By CoinDesk Research
Mar 26, 2026
Commissioned byRipple
As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption.
Why it matters:
Stablecoins are entering their third phase of evolution – the institutionalization era – becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all.
View Full Report
More For You
Kalshi secures license to offer margin trading to institutional investors
By Francisco Rodrigues|Edited by Aoyon Ashraf
3 hours ago
Margin feature is a departure from traditional prediction markets, which typically require fully collateralized positions, and comes as the industry sees growing trading volumes and investment.
What to know:
Prediction market platform Kalshi has been cleared to offer margin trading to professional clients, allowing them to open positions with less upfront capital.
The move is designed to make Kalshi more appealing to institutional investors, and could be rolled out first for new products rather than core event contracts.
Kalshi’s…
Read full story
Latest Crypto News
Crypto needs a reset before the next bull run
2 hours ago
Washington sues Kalshi as states ramp up legal pressure against prediction markets
2 hours ago
Kalshi secures license to offer margin trading to institutional investors
3 hours ago
Canada moves to ban crypto donations for election campaigns following UK
3 hours ago
Why bitcoin’s ‘compressed’ valuation offers reduced downside risk versus stocks
4 hours ago
Here’s how bitcoin, Ethereum and other networks are preparing for the looming quantum threat
4 hours ago
Top Stories
Morgan Stanley enters bitcoin ETF race with market-leading low fee
Mar 27, 2026
Watch out Bitcoin devs. Google says post-quantum migration needs to happen by 2029.
8 hours ago
Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout
Mar 27, 2026
Here’s what next as Anthropic’s most powerful AI model leaked via unsecured data cache
7 hours ago
Bitcoin miners are becoming AI companies and selling their BTC to fund the transition
Bitcoin may face a potential long-term security risk in the form of quantum computing advancements, with research highlighted by Ark Invest suggesting that a third of the total supply of the cryptocurrency may be at risk of quantum attacks in certain conditions. The issue has led to further debate among developers and researchers regarding the
Published
2 hours ago
in
By
Bitcoin may face a potential long-term security risk in the form of quantum computing advancements, with research highlighted by Ark Invest suggesting that a third of the total supply of the cryptocurrency may be at risk of quantum attacks in certain conditions. The issue has led to further debate among developers and researchers regarding the […… Read More
Bitcoin price started a decent increase above the $70,000 zone. BTC is now consolidating and might aim for more gains if it clears $72,000. Bitcoin started a decent recovery wave above the $70,000 zone. The price is trading above $70,000 and the 100 hourly simple moving average…
Published
2 hours ago
in
By
Bitcoin price started a decent increase above the $70,000 zone. BTC is now consolidating and might aim for more gains if it clears $72,000. Bitcoin started a decent recovery wave above the $70,000 zone. The price is trading above $70,000 and the 100 hourly simple moving average… Read More
