The US Treasury has put $500 billion into financial markets since February, helping to fund government operations after hitting a $36 trillion debt ceiling. This increased liquidity has raised the Federal Reserve’s total liquidity to $6.3 trillion, which could positively impact Bitcoin prices. Financial expert Tomas noted that as the Treasury General Account (TGA) balance ...
On April 14, the 2-year and 10-year US Treasury yields fell after Bitcoin experienced a strong week, gaining 6.79%. The 10-year yield dropped to 4.40%, influenced by temporary tariff exemptions on tech imports. While lower yields can boost Bitcoin as investors seek riskier assets, ongoing trade tensions create uncertainty. Bitcoin, seen as a hedge against ...
Bitcoin prices are experiencing a fresh increase, moving above the $82,500 mark and reaching further gains past the $83,200 level. The cryptocurrency is currently stable, trading above the 100-hour Simple Moving Average. Having broken a bearish trend line at $84,500, BTC aims to challenge the $85,500 resistance, with the potential to reach $85,850 and beyond. ...
Michael Saylor, the former CEO of Strategy, has hinted that the company might announce another Bitcoin purchase soon. He recently shared an intriguing message on social media, mentioning that there are “no tariffs on orange dots,” referring to their Bitcoin acquisitions. So far, Strategy has amassed nearly 530,000 Bitcoin, including a significant $2 billion purchase ...
Bitcoin has surged over 7% this week, indicating strong buying interest at lower levels. Analysts are optimistic, with Glassnode reporting significant support at $79,000 and John Bollinger noting a potential W-shaped bottom. Market participants are watching the US dollar’s performance, as a weaker dollar could boost Bitcoin further. If Bitcoin maintains its higher levels, it ...
This week, Bitcoin (BTC) made a strong comeback, rising over 7% due to significant buying interest at lower prices. BitMEX co-founder Arthur Hayes suggested that a crisis in the US bond Market could lead to more favorable policies for Bitcoin, potentially driving its price up. According to Glassnode, Bitcoin has solid support at $79,000, with ...
Bitcoin recently reached an eleven-day high of $86,000, driven by positive reactions to changes in U.S. trade policies. However, traders are wary of potential volatility, especially with the traditional markets closed over the weekend, leading to lower liquidity in the crypto space. Although Bitcoin is up 7% for the week after hitting five-month lows, many ...
Bitcoin is projected to exceed $1.8 million by 2035, according to Joe Burnett from Unchained. Despite recent price dips and reduced investor enthusiasm due to global trade tensions, Burnett maintains that Bitcoin is in a long-term bullish phase. He believes it could rival gold’s $21 trillion Market cap within the next decade. Burnett highlights two ...
The crypto trading scene has become unpredictable due to President Donald Trump’s fluctuating tariff announcements. Amid this chaos, traders are advised to focus on Market trends rather than the noise. In the case of Bitcoin, recent price movements suggest a bullish trend, highlighted by a double bottom pattern that indicates a potential upward shift. After ...
Ethereum has only outperformed Bitcoin on 15% of trading days since it launched nearly ten years ago, according to analyst James Check. While Ether initially thrived from 2015 to 2017 and had brief moments of success against Bitcoin in late 2019 and early 2020, Bitcoin has been the dominant performer for the past five years. ...
