Bitcoin extended its decline on Thursday, retreating 2.6% to $101,153.0 by 01:08 ET (06:09 GMT), as the U.S. Federal Reserve’s hawkish tone dampened risk appetite. The cryptocurrency briefly dipped below the $100,000 mark during the session, marking a sharp pullback from its all-time high of $108,244.9 reached earlier this week. …
Read More »Bitcoin A Little Below Record Price, Institutional Demand Surges
Bitcoin’s meteoric rise to a new all-time high of $107,793 this week has been fueled by a surge in institutional adoption. The most famous cryptocurrency is trading at $106,575 at the time of writing Corporate Appetite for BitcoinMicroStrategy’s Massive Purchase:Michael Saylor’s MicroStrategy has once again demonstrated its commitment to Bitcoin, …
Read More »Bitcoin Hits Record High Amid Optimism on Strategic Reserve, But Challenges Loom
Bitcoin extended its recent rally on Tuesday, briefly reaching a fresh all-time high as investor sentiment remained buoyed by hopes of pro-crypto policies under incoming U.S. President Donald Trump. The surge comes as Trump floated the idea of establishing a Strategic Bitcoin Reserve—a move that has sparked both enthusiasm and …
Read More »Tech Year-End Rally Powers Markets Amid Fed Rate Cut Expectations
The stock market saw a year-end rally for tech companies and other fast-growing businesses, with the tech-heavy Nasdaq Composite up more than 1% in recent trading. Broadcom’s revenue surge and dividend increase last week added to the momentum for tech stocks. A rebound in bond yields has helped drag on …
Read More »Bitcoin Hits Record High Amid Speculation on U.S. Crypto Reserve and Pro-Crypto Sentiment
Bitcoin surged to an unprecedented high above $106,000 on Monday, fueled by optimism surrounding a potentially favorable regulatory environment under President-elect Donald Trump. His comments about creating a U.S. strategic bitcoin reserve—akin to the nation’s oil reserves—further bolstered market enthusiasm for cryptocurrencies. Key Highlights: Bitcoin Price Surge: Bitcoin reached a …
Read More »Bitcoin Declines Ahead of Fed Rate Decision; ETFs See Continued Inflows
Bitcoin retreated slightly on Friday, easing from recent highs as traders became cautious ahead of the Federal Reserve’s upcoming interest rate decision. Despite a rally spurred by President-elect Donald Trump’s pro-crypto remarks, the lack of concrete policy cues limited further momentum. Key Bitcoin Market Updates Price Movement: Bitcoin fell 0.7% …
Read More »Bitcoin Rises Above $100,000 Amid Rate Cut Expectations and Improved Risk Sentiment
Bitcoin extended its recovery on Thursday, breaking out of its recent trading range and recouping losses from the past week. Positive sentiment across markets was bolstered by U.S. inflation data in line with expectations, fueling optimism for a Federal Reserve rate cut in December. Key Highlights Bitcoin Surges Past $100,000 …
Read More »Bitcoin Remains “Attractive” as Analysts Forecast $200,000 Target
Bitcoin’s recent performance and robust demand from institutional players have cemented its appeal as an investment, with analysts at Bernstein maintaining a bullish 12-month price target of $200,000. Despite experiencing its first leverage-driven pullback after breaching $100,000, Bitcoin remains an appealing prospect for medium-term investors. Key Insights Market Dynamics and …
Read More »Bitcoin Pulls Back Amid Policy Anticipation, Altcoins Lead Market Shifts
Bitcoin saw a modest retreat on Monday, slipping 0.4% to $99,439.8 as traders awaited further clarity on U.S. crypto policy under the incoming administration of President-elect Donald Trump. This pullback comes after a weekend rally that saw the cryptocurrency brush record highs. Policy Optimism Fuels Recent Surge Bitcoin’s sharp rise …
Read More »Bitcoin Retreats After Brief Surge Beyond $100,000 Amid Profit-Taking
Bitcoin prices dropped in Asian trading on Friday, reversing gains after a brief rally past the critical $100,000 mark. Profit-taking and investor caution ahead of key U.S. nonfarm payrolls data drove the decline, following optimism over pro-crypto signals from President-elect Donald Trump’s administration. Key Movements: Bitcoin Price: Fell 4.5% to …
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