Bitcoin declined for a third consecutive session on Wednesday, as profit-taking from recent record highs continued. Concerns over U.S. trade and monetary policy added to the cautious market mood, pushing the cryptocurrency further away from the coveted $100,000 milestone. The world’s largest cryptocurrency fell 1.6% to $93,131.5 by 01:16 ET …
Read More »Bitcoin’s Diamond Hands Weaken: A Sign of Impending Correction?
Bitcoin’s long-term holders (LTHs), often hailed as the market’s steadfast bulls, have recently displayed an unexpected shift in behavior. These seasoned investors, who typically hold their coins for over 155 days, have begun to engage in significant profit-taking, a trend that could potentially signal an impending market correction. At the …
Read More »Bitcoin Retreats Below $95K Amid Trade Tariff Fears and Profit-Taking
Bitcoin continued its pullback on Tuesday, retreating 3.6% to $94,567.1 by early morning trade as concerns over potential trade wars reignited risk aversion across global markets. Key Developments in the Bitcoin Market Tariff Threats Dampening SentimentPresident-elect Donald Trump’s announcement of steep import tariffs on China, Canada, and Mexico rattled broader …
Read More »BTC Holds Below $100,000, But a Breakout Seems Imminent
At less than 2% below $100,000, Bitcoin (BTC) is trading. In November, the price of Bitcoin rose by more than 40%. What is the next goal for this current trend in Bitcoin? Since emerging from a long-term channel in November, the price of Bitcoin has skyrocketed. It has risen by …
Read More »$100,000 – A Turning Point for Bitcoin Price: Catalyst for Cryptocurrency Adoption, Regulatory Development
Bitcoin’s journey towards the $100,000 mark represents a pivotal moment. The price movement of the world’s most famous cryptocurrency is driven by several factors, including institutional adoption, global economic uncertainty, and the inherent strength and security of the Bitcoin network. The recent significant rise is expected to accelerate the adoption …
Read More »Coinbase plans to list more meme coins amid regulatory optimism
According to Tom Duff Gordon, vice president of Coinbase, the exchange will probably be able to provide services for smaller cryptocurrency tokens, such as meme coins. Because of his pro-crypto position, the executive expects industry expansion and regulatory certainty under Donald Trump’s administration. The SEC has accused Coinbase of running …
Read More »Bitcoin Nears $100K Milestone Amid Optimism Over Trump-Era Crypto Policies
Bitcoin surged on Friday, reaching new heights as optimism surrounding friendlier U.S. regulations and a surge in options trading activity fueled the cryptocurrency’s rally. The world’s largest crypto asset climbed 1.9% to $98,870.4 by 06:17 GMT, with an intraday high of $99,289.3. This marks a weekly gain of 9.1%, propelling …
Read More »Bitcoin’s Bullish Run: A New Era Dawns
Bitcoin, the world’s pioneering cryptocurrency, continues its relentless ascent, nearing the historic $100,000 mark. This unprecedented surge, which began just weeks ago, has propelled the digital asset to new heights, captivating investors and industry experts alike.The timing of this bullish run is no coincidence. It coincides with the election of …
Read More »Bitcoin Nears $100,000 as Crypto Markets Soar on Optimism Over Trump Presidency
Bitcoin surged to a new all-time high on Thursday, fueled by optimistic sentiment around crypto markets and the prospect of pro-crypto regulations under U.S. President-elect Donald Trump. The world’s largest cryptocurrency reached $97,792.6 before settling slightly lower at $96,909.4 by early morning trading. This rally places Bitcoin tantalizingly close to …
Read More »Why Does Bitcoin Outshine Ethereum?
Bitcoin (BTC) has continued its impressive run, reaching new all-time highs and leaving Ethereum (ETH) trailing behind. This trend, which has persisted for the past two years, has sparked discussions about the underlying factors driving this price disparity.Institutional Investment and Market SentimentOne of the primary reasons for Bitcoin’s outperformance is …
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