Bitcoin pulled back to around $77,000 after climbing close to $80,000, with market attention shifting back to macro risk and policy signals. Even with the latest swing lower, analysts cited in the source said BTC holding above $75,000 is still being read as a sign of underlying strength.
Strategy Adds 3,273 BTC, Total Holdings Reach 818,000
Corporate accumulation remained part of the story. Strategy said it added 3,273 BTC last week, taking its total Bitcoin holdings to 818,000 BTC. The average purchase price for the latest buy was $77,906. The report noted that Bitcoin is now trading slightly below that recent entry price, though the company remains in profit relative to its overall cost basis. The update reinforces the view that the firm is still buying regardless of short-term market moves.
Iran Headline Lifts Equities While Oil Gives Back Gains
Moves in traditional markets were also shaping crypto sentiment. After reports said Iran had proposed reopening the Strait of Hormuz to the US, stock markets moved higher and oil surrendered part of its earlier advance. The MSCI Asia Pacific Index rose 1.7%, and emerging markets also gained on headlines tied to Iran’s attempt to end hostilities, including delays in nuclear negotiations. That shift in risk appetite fed into trading across digital assets.
Sentiment also improved after the Justice Department closed its investigation into Powell. The report added that Trump was unable to remove either Cook or Powell from office, while Warsh is now seen as a likely candidate for the top Federal Reserve role in the near term. In equities, the S&P 500 has climbed nearly 10% since the end of March and is on pace for its strongest monthly performance since 2020.
Fed Messaging and PCE Data Could Drive Near-Term Volatility
War-related inflation pressure remains unresolved, according to the report, and there was no breakthrough over the weekend. Traders are now waiting for Wednesday’s Federal Reserve communication to see whether policymakers address those risks more directly and mention the ongoing conflict more often in their statement. A more cautious tone could leave markets vulnerable to sharper price swings over the next few sessions.
Large corporate earnings are also due throughout the week. During Senate testimony last week, Warsh described a scenario in which quantitative easing could be halted and rate cuts could follow, but persistent inflation may make any move toward lower rates difficult. The source said the PCE report due later in the week may increase volatility in crypto markets as macro concerns build.
Holding Above $75,000 Seen as a Strength Signal
Market analysts said BTC staying above $75,000 despite recent volatility and rising geopolitical risk is being interpreted as evidence of resilience. Traders are expected to keep watching Federal Reserve signals, corporate earnings, and geopolitical headlines for direction across both financial markets and digital assets.
For now, the report describes confidence among major institutional players as still high, with sentiment cautiously optimistic even as inflation, monetary policy, and war-related uncertainty continue to drive price action.