Gate News message, April 25 — Michael Saylor, co-founder of MicroStrategy, said “winter’s over” as Bitcoin climbed to approximately $78,000, signaling a shift in market sentiment.
According to analyst Mati Greenspan, recent market moves since the flash crash have been corrections within a broader bull market, with Bitcoin’s bottom now in place. Greenspan believes the next leg of gains will be driven by “sovereign adoption,” including central banks adding BTC alongside gold to their reserves.
Governments and institutions are increasingly incorporating Bitcoin into their holdings. The U.S. government currently holds approximately 300,000 BTC and has discussed establishing a strategic Bitcoin reserve. El Salvador continues making daily purchases, while the U.K. government and several U.S. state pension funds have added Bitcoin to their asset allocations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy Posts $12.54 Billion Q1 Loss as Bitcoin Falls from $87K to $68K
Strategy posted a $12.54 billion loss in Q1 2026, as the price of bitcoin declined from approximately $87,000 to $68,000 during the first three months of the year.
GateNews58m ago
A wave of short liquidations boosts the Bitcoin market, and market analysis points to a rise toward $90k
Bitcoin BTC, driven by a squeeze of short positions and a rise in open interest, has shown a strong uptrend. Data indicates that large short positions have been forced to close; around $82,500, Bitcoin has $1.12 billion in short exposure. It has the potential to move toward $90,000, with a supply-demand imbalance providing support for further upside momentum.
Short squeeze evolves into upward momentum
Bitcoin researcher Axel Adler Jr. cited monitored data showing that since February, the market has accumulated more than $7.9 billion in short liquidation amounts. The peaks in liquidations were mainly concentrated from February to April, with a single-day liquidation amount as high as $737 million on February 13. Although traders frequently built short positions above $80,000, price resilience has forced these positions to undergo a Short Squeeze, where rising prices trigger
ChainNewsAbmedia59m ago
Arthur Hayes Says Bitcoin's Value Lies Outside Regulatory Framework at Consensus Miami 2026
At Consensus Miami 2026, Arthur Hayes, CIO of Maelstrom, stated that all that matters for bitcoin's value proposition is fiat liquidity, positioning the cryptocurrency's value outside the regulatory apparatus.
GateNews2h ago
Analyst Cowen Warns Bitcoin Rally May Be Bear Market Rebound
Cryptocurrency strategist Benjamin Cowen has cautioned investors that recent Bitcoin rallies may represent temporary rebounds within a broader bear market rather than the start of a sustained bull season. Cowen stated he continues to view the market through "bear glasses," warning that short-term pr
CryptoFrontier3h ago
CME Group to Launch Cash-Settled Bitcoin Volatility Futures on June 1, Ticker BVI
According to CME Group, the exchange will launch cash-settled Bitcoin volatility futures on June 1, pending regulatory approval. The contracts, trading under ticker BVI, will allow traders to hedge and speculate on Bitcoin's volatility without taking a directional price bet. The futures will be
GateNews3h ago
MicroStrategy Posts $12.5 Billion Q1 Loss as STRC Emerges as Funding Engine
According to The Block, MicroStrategy reported a $12.54 billion net loss in the first quarter on Tuesday, primarily driven by a $14.46 billion unrealized markdown on its bitcoin holdings. However, executives highlighted strong momentum behind STRC preferred shares as a bright spot.
The bitcoin trea
GateNews3h ago
