Now Forming
Bitcoin Accumulation Phase
According to the CryptoQuant analyst, Bitcoin is forming an accumulation period similar to past patterns preceding the rally, with increased short-term holding activity that has historically caused significant price swings.
📈 On May 1, the BlackRock Spot Bitcoin ETF bought 3,730 BTC worth $351.4 million. The total inflow into the ETF was $422 million.
🔽 Amazon sharesfell more than 5% after reporting below-expected first-quarter 2025 earnings.
🍎 Apple says tariffs will cost the company $900 million this quarter, plus inflation and lost sales.
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