Bitcoin Price Rally $72K

Bitcoin rallied above $72,000 on Tuesday as buy-side activity in the spot and futures markets supported the current rally. The 30-day spot net volume delta for Bitcoin has turned positive on both Binance and Coinbase after persistent selling in February. This shift in behavior across key crypto exchanges suggests that investors are accumulating Bitcoin, increasing the chances of bulls taking control of the price direction. The derivatives data adds weight to the move, with CryptoQuant data showing Binance's cumulative volume delta increasing to $5.6 billion on Wednesday, up $3.3 billion in April.