Despite mounting geopolitical tensions in the Middle East, bitcoin reclaimed the $70,000 mark on Monday, supported by Strategy's latest acquisition of 4,871 bitcoins. Key Takeaways: Bitcoin hit $70,355 on April 6, keeping market cap near $1.4T despite Iran rejecting U.S. ceasefire. Strategy CEO Michael Saylor bought 4,871 BTC worth $329.9M, reinforcing institutional demand.
Bloomberg strategist Mike McGlone warns bitcoin could crash to $10,000, but Bernstein calls it the 'weakest bear case in history' and reiterates its $150,000 target.
Binance faces renewed questions over its $4.3b post-plea cleanup as crime-monitoring staff depart and chief compliance officer Noah Perlman weighs an exit. Bitcoin (BTC) futures traders added more than $3.