Trader Opens $42.7M Bitcoin Long Position with 30x Leverage as BTC Hits $71,000

Data: The crypto market generally rebounds, with the RWA sector rising over 7%, and BTC breaking through $74,000 during trading.

According to SoSoValue data, the crypto market generally rose, with Bitcoin reaching $72,000 and Ethereum surpassing $2,100. All sectors performed strongly, especially the RWA sector, which increased by 7.26%, with MANTRA gaining a 39.03% boost. Other sectors also rose, and the overall market outlook is positive.

Robert Kiyosaki Predicts Bitcoin 'Blast off' as Global Tensions Push Investors Toward Alternative Assets

Bitcoin could be headed for a blast off as safe-haven demand surges across markets, according to Rich Dad Poor Dad author Robert Kiyosaki, who pointed to gold’s huge spike as a signal for bitcoin and silver. Robert Kiyosaki Signals Bitcoin ‘Blast off’ After Gold’s Sudden $128 Spike Sparks

"Follow the crowd if you want to make a mistake": K33 says Bitcoin is oversold and shouldn't be sold yet.

Bitcoin has fallen into one of the most oversold zones on the weekly chart in history after months of sustained selling pressure, according to the latest report from research and brokerage firm K33. "To make a mistake, follow the crowd," said Vetle Lunde, Head of Research, in the report, pointing out the sentiment.

Bloomberg: AI boom prompts Bitcoin mining companies with over $8 billion in holdings to pivot, sparking market sell-off concerns

Large Bitcoin mining companies are accelerating sales due to a significant price decline, with funds shifting to the artificial intelligence sector, repositioning as AI data center operators. MARA, CleanSpark, and others are actively adjusting their strategies to respond to market changes and seek more predictable revenue. Analysts believe the outlook for mining companies is optimistic.