Last week, Bitcoin showed signs of decoupling from the US stock markets, remaining steady while the S&P 500 fell 9%. This was triggered by President Trump’s global tariff announcements and China’s retaliatory tariffs. Even gold prices dropped. Mike Alfred, founder of Alpine Fox, noted that in past cycles, gold’s performance boosted Bitcoin, which eventually outpaced ...
Bitcoin’s price is currently drifting away from the important $90,000 level due to cautious Market sentiment surrounding new U.S. trade tariffs and rising inflation concerns. Analysts predict a wide range for Bitcoin’s value in 2025, with estimates ranging from $59,040 to $138,617. Real Vision’s chief crypto analyst, Jamie Coutts, remains optimistic, suggesting Bitcoin may climb ...
Bitcoin recently bounced back from a low of $76,606 but struggled to stay above $84,500. Analysts suggest that Bitcoin is undergoing a macro correction in a bull Market, with potential support levels around $71,000-$72,000. Short-term holders who bought near January’s peak are contributing to the recent sell-off. Meanwhile, the U.S. Dollar Index has dropped, which ...
Bitcoin’s dominance in the cryptocurrency Market has reached 61.2%, according to Matrixport, a financial services platform. This marks an increase from a low of 54% in December, suggesting that the recent bounce in altcoins was brief. The surge in Bitcoin’s Market share indicates that traders are shifting focus back to Bitcoin, especially after a hawkish ...
The cryptocurrency Market saw a 1.6% increase on Wednesday, adding over $40 billion in value, with PI Network, Hedera, and Binance Coin leading the rise among top altcoins. Bitcoin rebounded to $83,500, boosted by favorable US inflation data, although it struggles to break past the $85,000 resistance. Meanwhile, Bitcoin ETFs experienced significant outflows, raising concerns ...
The cryptocurrency Market capitalization dropped to $2.75 trillion, declining by 4%. Major losers included Ethereum, Dogecoin, and Chainlink. A significant transaction involving $930 million in Bitcoin from wallets tied to the defunct Mt. Gox exchange raised concerns about a potential sell-off. Bitcoin initially fell to around $76,606 but rebounded to over $82,000, breaking a five-day ...
The cryptocurrency Market saw a significant surge, gaining $175 billion and increasing by 6% ahead of the White House Crypto Summit. Bitcoin is facing resistance near $93,000, prompting traders to explore more volatile altcoins. XRP recently broke through the $2.50 resistance level after a period of consolidation. AI-focused crypto tokens, such as Near Protocol and ...
Optimism is soaring in the cryptocurrency Market, particularly in a post-halving year, which often leads to bull runs. Unlike previous cycles, this year’s upswing comes with a supportive U.S. administration. Bitcoin is experiencing significant growth, hovering near a recent high with returns up to 160%. However, Ripple (XRP) outperformed Bitcoin with a remarkable 523% increase, ...
Today’s cryptocurrency Market experienced a slight drop, with the overall Market cap falling by 1.19% to $3.15 trillion. Bitcoin remains the leading player, currently trading at $101,815.78, after a minor dip of 0.61% within the last 24 hours. Despite this, Bitcoin has seen a surge in trading volume, showing signs of optimism from investors. In ...
Bitcoin saw a 4% rise this week, highlighting strong demand at lower prices. After significant outflows from U.S. spot Bitcoin ETFs, the Market rebounded with impressive inflows, signaling investor confidence in a price uptrend. Additionally, reduced selling pressure is evident as Bitcoin transfers to exchanges decreased. Analysts predict Bitcoin could consolidate between $95,000 and $110,000 ...
