Bitcoin’s price is currently around $79,474, with analysts predicting it could struggle to break through crucial resistance levels near $84,000 and $96,000. If it fails to surpass these points, it might hover in the low $80,000s. Recent volatility, fueled by decisions related to tariffs, has led to fluctuations in Bitcoin’s value. Following a recent tariff ...
The ongoing global trade war, sparked by recent U.S. import tariffs, is shifting investor perspectives, with Bitcoin gaining traction as a safe-haven asset alongside gold. While traditional stock markets face instability, Bitcoin’s inherent digital nature and 24/7 liquidity are attracting renewed interest. Experts highlight Bitcoin’s potential as a non-debasable asset, especially as countries like China ...
The crypto Market saw a retreat after a brief rally, with Bitcoin falling from $80,000 to around $76,500. It currently hovers below $78,000, facing a 1.2% drop in the past 24 hours, while Ethereum dropped nearly 4% below $1,500. This decline coincided with the Trump administration’s new tariffs on China, which negatively impacted stocks and ...
Bitcoin and other cryptocurrencies are known for trading 24/7, but this constant availability may have led to a sharp sell-off after the recent US trade tariff news. While the S&P 500 suffered a historic drop, Bitcoin initially stayed above $82,000 but fell below $75,000 by Sunday. Analysts suggest that the weekend trading environment allowed panic ...
In just one week, major U.S. stock indices like the Nasdaq, S&P 500, and Dow have seen significant drops, with the Nasdaq falling 10%. Interestingly, Bitcoin, often regarded as a risky asset, is up over 1% during this tumultuous time. Historically known for its high volatility, Bitcoin has either been a top or bottom performer ...
The capital markets have faced significant turbulence recently, with major indexes like the Dow Jones, S&P 500, and Nasdaq dropping by 10%, 14%, and 19% respectively this year. As investors shift away from stocks, many are turning their attention to alternative assets, particularly Dogecoin. Recent comments from Elon Musk, including his skepticism about the cryptocurrency’s ...
XRP is showing signs of recovery after a period of significant price swings influenced by U.S. President Donald Trump’s tariff announcements. The cryptocurrency dropped to $1.64 earlier in the week but has rebounded to around $1.92, suggesting potential for further growth. A negative MVRV ratio indicates XRP is currently undervalued, encouraging traders to consider buying. ...
Bitcoin’s price is currently near a five-month low, influenced by U.S. trade tariffs affecting major tech companies. Despite this, Bitcoin has gained strength compared to the “Magnificent Seven” tech stocks, like Apple and Tesla. As of now, one Bitcoin can buy around 1,993 shares of the Roundhill Magnificent Seven ETF, up from 1,756 shares a ...
Recent data shows that corporate Bitcoin treasuries have lost over $4 billion in value, dropping from about $59 billion to $54.5 billion following President Trump’s tariffs, which sparked a global Market sell-off. This drop has also affected the stock prices of publicly traded companies holding Bitcoin, including the Bitwise Bitcoin Standard Corporations ETF and Strategy, ...
Bitcoin’s value dropped below a significant psychological level on Monday, as a global sell-off in financial markets worsened. By mid-afternoon, Bitcoin was trading at $79,019, showing a decrease of over 2% and a total decline of around 15% for the year. Following the November election, cryptocurrency prices initially surged due to President Trump’s promise to ...
