Bitcoin experienced a 5% drop after President Trump’s inauguration speech, which did not address cryptocurrency, disappointing investors who hoped for positive comments about Bitcoin or crypto policies. Despite an early surge to an all-time high of $109,000, Bitcoin subsequently fell to around $103,000 and remains under pressure as the wider crypto Market declined by 4.2%. ...
A recent analysis hints that as Bitcoin prices decline towards the end of the year, it could spark a rally in altcoins. A significant expiration of $20 billion worth of Bitcoin and Ethereum options is expected this Friday, which is raising Bitcoin’s volatility. While Bitcoin struggles below $100,000, there may be a shift of investment ...
Recent analysis indicates that a decline in Bitcoin prices by the year’s end could spark an altcoin rally. A virtual asset management firm, QCP Capital, highlighted that $20 billion in Bitcoin and Ethereum options will expire soon, contributing to increased volatility in Bitcoin. As it struggles to break past the $100,000 mark, the potential for ...
Bitcoin is currently stabilizing in a price range of $90,000 to $98,000, supported by strong bullish signals, although there are signs of declining trading volume. Meanwhile, Bitcoin dominance is decreasing, indicating a shift of interest toward smaller altcoins, which may benefit as Bitcoin’s volatility lessens, creating a favorable environment for altcoin rallies over the weekend. ...
