On April 17, the price of gold hit a record high of $3,357 per ounce, sparking speculation about whether Bitcoin would follow suit. Historically, Bitcoin prices tend to rise after significant gold rallies, as seen in 2017 and 2020. Experts suggest that Bitcoin generally lags behind gold by about 100-150 days during Market shifts driven ...
In 2024, Market turbulence due to tariffs has investors seeking refuge in Bitcoin, with billionaire Michael Saylor predicting a staggering 15,000% increase in its value. Saylor, the co-founder of MicroStrategy, believes Bitcoin could reach $13 million per coin by 2045 if it captures just a portion of global wealth. As traditional assets face uncertainty, many ...
Since February, the US Treasury has pumped $500 billion into financial markets by using its Treasury General Account (TGA) to manage government operations after hitting a $36 trillion debt ceiling on January 2, 2025. This surge in liquidity has raised the Federal Reserve’s total liquidity to $6.3 trillion, which may positively impact Bitcoin prices in ...
This week has been quite unpredictable for the markets, yet signs are emerging that might indicate a positive outlook for Bitcoin. The stock sell-off, triggered by tariff uncertainties linked to President Trump, has caused significant Market fluctuations. During this time, the S&P Volatility Index, known as the “fear gauge,” has reached its highest level since ...
The S&P 500 Index experienced unusual volatility in early April, reaching levels typically seen in Bitcoin markets. This spike was triggered by President Trump’s tariff announcement, reflecting growing fear in traditional financial markets amid ongoing trade tensions. Notably, the S&P’s volatility hit 74, surpassing Bitcoin’s 71, indicating heightened Market uncertainty. While Bitcoin is known for ...
Amid escalating U.S.-China trade tensions, Bitcoin is gaining traction as a potential safe-haven asset, similar to gold. Following President Trump’s recent announcement of substantial import tariffs, traditional stock markets have faced steep declines, prompting investors to explore alternatives like Bitcoin. While gold still dominates as a reliable refuge, Bitcoin’s digital nature and 24/7 access are ...
Concerns over President Trump’s global tariffs are leading experts to believe that Bitcoin could become a serious rival to the US dollar in the near future. Jeff Parks of Bitwise Invest noted that the idea of Bitcoin outlasting the dollar now feels more tangible, especially as confidence in the dollar is declining. With other currencies ...
As US trade tensions rise, the bond between Bitcoin and traditional financial markets faces new challenges. Recently, Bitcoin exchange-traded funds (ETFs) in the US experienced significant outflows, with over $326 million withdrawn in just four days. BlackRock’s iShares Bitcoin Trust ETF saw the largest drop, with a sell-off exceeding $252 million. This sell-off follows President ...
Teucrium Investment Advisors is launching the first XRP-based exchange-traded fund (ETF) in the US, named the Teucrium 2x Long Daily XRP ETF. Set to trade on NYSE Arca under the ticker XXRP from April 8, this leveraged ETF aims to give investors double the daily return of the XRP token, with a management fee of ...
Cboe Global Markets has announced plans to launch the Cboe FTSE Bitcoin Index Futures on April 28, 2025, pending regulatory approval. These cash-settled futures are designed to complement Cboe’s Bitcoin U.S. ETF Index options and will enhance trading options for investors. This initiative aims to provide greater flexibility and efficiency in managing Bitcoin exposure, aligning ...
