Credit spreads are widening, reaching their highest levels since August 2024, a time when Bitcoin experienced a significant drop during a yen carry trade unwind. To track these spreads, analysts use the IEI/HYG ratio, which shows a sharp spike reminiscent of conditions during the Silicon Valley Bank crisis in March 2023, when Bitcoin briefly dipped ...
Bitcoin recently faced a 7% price drop, falling from $88,060 to $82,036, resulting in significant liquidations worth $158 million. This decline coincided with gold hitting a record high, challenging Bitcoin’s reputation as “digital gold.” Analysts remain optimistic, suggesting that Market liquidity and government actions may lead to a Bitcoin rally. Economic concerns, including a global ...
Bitcoin is projected to reach $110,000 before revisiting the $76,500 range, fueled by easing inflation and supportive monetary policies in the U.S., according to expert Arthur Hayes. Rising demand for risk assets, particularly Bitcoin, is evident as it closes above $86,000. However, the decentralized finance (DeFi) sector faces challenges, highlighted by a whale exploiting Hyperliquid’s ...
Investors are eagerly anticipating the upcoming Personal Consumption Expenditures (PCE) report from the US, set to be released on March 28. This report could ease worries about inflation and boost interest in riskier assets like Bitcoin. Analysts, including those from QCP Group, believe the PCE data may act as a significant catalyst for Bitcoin’s value. ...
Arthur Hayes, the founder of BitMEX, suggests that U.S. bank credit supply may be increasing, which could benefit risk assets like Bitcoin. Despite mixed opinions on Bitcoin’s Market status, Hayes believes a rise in credit availability could inject liquidity into the Market, raising the potential for a bullish turnaround. He mentioned that Bitcoin likely hit ...
Bitcoin is unlikely to reach the $77,000 price point again soon, according to BitMEX co-founder Arthur Hayes. Following the Federal Reserve’s announcement on March 19 to slow down its quantitative tightening, Bitcoin dipped near that level for the first time since November. Hayes believes the end of aggressive asset selling by the Fed could ease ...
Bitcoin might bounce back above the important $90,000 level as inflation worries ease in the U.S. After a prolonged decline, some investors are anxious that the current Bitcoin Market cycle may be ending. However, experts, including Markus Thielen from 10x Research, believe a recovery is possible because prices are oversold. Federal Reserve Chair Jerome Powell’s ...
Bitcoin has dropped over 15% since February 3, when former US President Donald Trump announced tariffs on China, Canada, and Mexico, causing uncertainty in the Market. As of March 5, Bitcoin was trading around $86,400, and investors have withdrawn more than $3.5 billion from US-based Bitcoin exchange-traded funds. Economic fears often lead to selloffs in ...
The U.S. debt ceiling issue is back in focus as the government approaches its $36 trillion borrowing limit. Outgoing Treasury Secretary Janet Yellen warns that failing to raise this limit could jeopardize the government’s ability to meet its financial obligations. However, Yellen has also mentioned that the Treasury will take “extraordinary measures” to extend financial ...
The U.S. debt ceiling issue is back in focus as the government nears its $36 trillion borrowing limit. Although this might alarm investors, it could benefit bitcoin and other risk assets. Treasury Secretary Janet Yellen indicated that while the debt ceiling prevents new spending, the government can still use “extraordinary measures” to meet its financial ...
