Tag Archives: profit taking

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 …

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 …

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% …

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 …

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 …

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 …

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 …

Bitcoin achieved a historic milestone on Thursday, surpassing the $100,000 mark amid growing optimism surrounding potential crypto-friendly policies under President-elect Donald Trump and favorable commentary from Federal Reserve Chair Jerome Powell. Market Highlights Bitcoin Price: Climbed 5.9% to a record high of $101,438.9 during Asian trading hours. Year-to-Date Performance: Bitcoin …

Incoming U.S. President Donald Trump is expected to remain firm in his commitment to preserving the dollar as the global reserve currency, leaving little room for alternative assets like Bitcoin, according to a recent analysis by TD Cowen. Trump’s Dollar-First Policy Trump’s recent statements emphasize his focus on ensuring the …

Bitcoin began the week trading in a tight range, hovering just below the psychological $100,000 mark. The cryptocurrency market was influenced by optimism surrounding potential pro-crypto policies under the incoming Trump administration, while XRP saw a significant surge on speculation of favorable regulatory developments. Bitcoin Maintains Range Near All-Time Highs …