Short News View Non-AMP

Why Bitcoin is Surging?

Published by
Sohrab Khawas

Bitcoin is showing strength even as global markets face rising tension. Conflicts involving Iran, complicated oil and gas trade routes, and a 70% surge in European gas prices have increased uncertainty. Meanwhile, South Korean stocks fell another 12% today. Despite this, Bitcoin has moved back above $71,000, supported by five straight days of inflows into spot Bitcoin ETFs. Buying activity is also rising, with Binance’s buy-to-sell ratio reaching 1.18, the highest this year. Strong buying pushed volumes above $1 billion per hour, helping BTC break higher. If inflows and buying pressure continue, Bitcoin could see further short-term gains.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Stellar (XLM) Price Prediction for 2026, 2030: Is a Structural Breakout Ahead?

Story Highlights The live price of the Stellar crypto is If payment adoption and tokenization…

July 4, 2026

Gram Price Jumps 8% as Binance Campaign Sparks Bullish Momentum

Gram price rallied nearly 9% over the past 24 hours, outperforming much of the broader…

July 4, 2026

Pi Network Price Crashes 96% as Analyst Calls It a ‘Dead Project’

Pi Network, which once traded near $3, has now fallen below $0.30 and is currently…

July 4, 2026

Is Solana Still Worth Buying in 2026?

Solana price, which has seen a slight rally to $82 this week, is making many…

July 4, 2026

XRP Price Flashes Rare Buy Signal: Is a Relief Rally Finally Here?

XRP price gained more than 3% today, reclaiming the $1.13 mark as bullish momentum gradually…

July 4, 2026

How Binance Crossed 300 Million Users With High Institutional Volume & Left Other Crypto Exchanges Behind?

Between 2023 and 2026, Binance underwent one of the largest corporate transformations in crypto history.…

July 4, 2026