Articles for tag: Bitcoin skepticism, Cryptocurrencies, Digital Assets, financial regulation, investment risk, Jamie Dimon, Market volatility

January 13, 2025

Banking Titan Critiques Cryptocurrency: A Deep Dive into the Ongoing Crypto Controversy and Its Implications for the Future

Jamie Dimon, the CEO of JPMorgan Chase, has reiterated his skepticism about cryptocurrencies, particularly bitcoin. Despite the rising interest in digital currencies, Dimon believes they come with significant risks and remain highly speculative. His statements contribute to the ongoing debate in the finance world about the future of digital assets, as many experts and institutions ...

January 13, 2025

Market News

Crypto

Michael Saylor’s Bitcoin Tracker Hits 10 Weeks: Insights and Trends for Cryptocurrency Investors on TradingView News

Michael Saylor, co-founder of MicroStrategy, has been tracking Bitcoin for 10 weeks in a row, suggesting a potential purchase soon. MicroStrategy currently holds 447,470 BTC, worth about $42.4 billion, after buying 1,070 BTC recently. However, the company’s stock, MSTR, has dropped around 40% from its peak last November, mirroring the broader struggles in the crypto ...

January 10, 2025

Market News

Crypto

Bitcoin Price Dips 1.5% Amid Fed Rate Cut Concerns, $88K Target Remains in Play

Bitcoin faced a turbulent day on January 10, plunging $1,500 due to stronger-than-expected US nonfarm payroll data. This report indicated a healthy labor Market, which raised concerns about potential delays in interest rate cuts by the Federal Reserve. Analysts noted that the likelihood of a rate cut in January was now just 2.7%, prompting a ...

January 9, 2025

Market News

Crypto

Bitcoin Hits Lowest Level Since November Amid Trump’s Rally Slowdown Ahead of Inauguration

Bitcoin has fallen to its lowest point since November, trading at $92,500 after reaching record highs following Donald Trump’s election win. The cryptocurrency had briefly surpassed $100,000 and peaked at over $108,000, leading to a boost in related stocks. With Trump set to take office, he’s expected to nominate Paul Atkins, known for his pro-crypto ...

January 9, 2025

Market News

Crypto

Bitcoin Price Falls Post-New Year, but $120K Predictions Keep Investors Optimistic for Future Gains.

As the new year began, Bitcoin (BTC) surged toward $100,000, leaving behind December’s lower prices. However, it quickly fell back to $93,000 after struggling to maintain its gains. This decline coincides with rising volatility in the U.S. Treasury Market, where long-term yields have reached multi-month highs amid persistent inflation. Higher yields make fixed-income investments more ...

January 9, 2025

Market News

Crypto

Bitcoin Struggles as US ETFs Experience Second-Highest Daily Outflow: What It Means for Investors

Bitcoin began 2024 with a strong surge, briefly reaching above $100,000, but has since faced challenges maintaining its momentum. As of Thursday, Bitcoin’s value dropped by 1.8% to approximately $92,741, falling from a high of $102,733 just two days earlier. This decline has left it about 14% shy of its all-time peak of $108,315 from ...

January 9, 2025

Market News

Crypto

Bitcoin’s Short-Term Holders Sell $2.4 Billion as Prices Dip Below $95,000: What It Means for the Market

On January 8, Bitcoin’s price fell sharply below $95,000, reversing earlier gains when it briefly exceeded $100,000. A significant factor in this drop was the sell-off by short-term holders—those who have held Bitcoin for less than 155 days. Over 26,000 BTC, worth more than $2.4 billion, were moved to exchanges, often at a loss. This ...

January 9, 2025

Market News

Crypto

Bitcoin Falls to $92,500 Amid Federal Reserve Policies and $631 Million Liquidations Impacting the Cryptocurrency Market

Bitcoin’s price fell to $92,500 on January 7 after hitting over $100,000 earlier in the day. This drop is linked to concerns about the Federal Reserve’s tightening policies and strong U.S. economic data, leading to over $631 million in liquidations of leveraged positions in just 24 hours. Analysts suggest that Market volatility could continue, with ...

January 8, 2025

Market News

Crypto

What’s Next for Bitcoin and S&P 500 as MOVE Index Surges: Key Insights and Predictions for Investors

The cryptocurrency Market has experienced a swift shift to a bearish outlook, particularly over the last 24 hours. Factors like Bitcoin and the S&P 500 forming a head-and-shoulders topping pattern indicate potential downturns. The rising MOVE index, which tracks expected volatility in the U.S. Treasury bond Market, reflects tighter financial conditions influencing risk aversion in ...

January 8, 2025

Market News

Crypto

What’s Next for Bitcoin and S&P 500 Amid Rising MOVE Index? Insights and Predictions for Investors

The cryptocurrency Market is experiencing rapid changes, with sentiment quickly shifting to bearish within just 24 hours. This shift is largely influenced by a head-and-shoulders pattern forming in Bitcoin and the S&P 500, alongside rising volatility indicated by the MOVE index. This index measures expected fluctuations in the U.S. Treasury bond Market, and its recent ...