Bitcoin extended its slide on Tuesday, falling 1.2% to $92,733.4 by 01:11 ET (06:11 GMT). The cryptocurrency hit a monthly low of $91,522 on Monday before recovering slightly as dip buyers stepped in. Despite the brief recovery, Bitcoin has dropped in five of the past six sessions and is poised …
Read More »Bitcoin Declines Amid Strong Dollar and Rate Concerns
Bitcoin continued its downward trend on Monday, slipping 1.6% to $93,869.0 by 10:04 GMT. This follows its peak of over $108,000 nearly two weeks ago. Despite the recent pullback, Bitcoin remains up a remarkable 120% year-to-date, fueled by optimism over potential digital currency backing under the incoming Trump administration. Market …
Read More »Bitcoin Declines Amid Thin Trading, Set for Second Weekly Loss
Key Highlights Bitcoin Slides Further: Bitcoin Price: Down 2.1% to $96,403.7 by 06:30 GMT. Year-End Trading: Soft volumes and cautious sentiment around cryptocurrencies have fueled the decline. Impact of Inaccurate Chart Data: An anomaly in TradingView’s Bitcoin dominance chart, which falsely displayed Bitcoin’s market share dropping to 0%, caused confusion …
Read More »Bitcoin’s 2025 Outlook Brightens on Expectations of Pro-Crypto US Policy
Bitcoin (BTC) experienced a remarkable surge in 2024, reaching a new all-time high of $108,353 in mid-December, representing a 140% price increase. This milestone, surpassing $2 trillion in market capitalization, marked a significant turning point for Bitcoin and the broader cryptocurrency market. As for its daily performance; Bitcoin is -3.7% …
Read More »Bitcoin Retreats as Fed’s Hawkish Stance and Powell’s Comments Weigh on Sentiment
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% …
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