The cryptocurrency Market experienced a slowdown after U.S. Treasury Secretary Scott Bessent stated that a trade deal between the U.S. and China could take years to finalize. Bitcoin has seen a recent uptick, rising 2.6% in the last 24 hours and over 12% in the past week, trading at $93,600. However, it did not match ...
As global unrest spreads, Bitcoin’s resilience is under scrutiny, currently hovering around $84,000. Unlike traditional markets that tend to fall during crises, Bitcoin sometimes reacts differently—either rallying or selling off. Historically, Bitcoin has shown sharp price movements during events like the COVID-19 crash, the Russia-Ukraine War, and ongoing Middle East tensions. Analysts believe Bitcoin’s shift ...
Bitcoin prices remain stable around $83,200 even as protests erupt nationwide against former President Donald Trump’s policies. Despite the political unrest, the cryptocurrency Market reflects surprising calmness, with Bitcoin up 2.1% in the last 24 hours. Factors contributing to this stability include Bitcoin’s perception as a safe haven against political instability, diminished U.S. Treasury yields ...
Bitcoin’s price has soared from $16,625 at the start of 2023 to nearly $85,000 today, reflecting a remarkable increase of over 400% in just two years. Despite a recent dip, many investors believe Bitcoin could act as a safe-haven asset amid global economic uncertainties, similar to “digital gold.” There’s also discussion about using new tariff ...
A recent report from Wintermute indicates that Bitcoin is becoming more resilient to economic challenges compared to traditional markets. While the S&P 500 and Nasdaq hit yearly lows, Bitcoin showed a smaller decline, suggesting a significant shift in its Market behavior during crises. Although Bitcoin’s stability is attributed to increasing interest from institutional investors and ...
Bitcoin’s recent stability, even as the Nasdaq faces turmoil from escalating trade tensions, has sparked interest in its potential as a safe investment. Despite the Nasdaq dropping significantly, Bitcoin has maintained its value above $80,000, suggesting its growing role as a hedge against Market volatility. However, investors should remain cautious due to possible short-term fluctuations, ...
Bitcoin is gaining attention as a potential safe investment amid recent financial instability, especially after a historic drop in the S&P 500, which lost $5 trillion. While the stock Market faced severe declines following President Trump’s announcement of new import tariffs, Bitcoin’s dip was much smaller, showcasing its growing stability as an asset. Experts suggest ...
Macro investor Dan Tapiero has indicated that Bitcoin could soon surge ahead of the S&P 500 index, especially as US tariffs announced by former President Donald Trump lead to significant stock Market declines. Tapiero shared his thoughts on social media, suggesting that Bitcoin is becoming disconnected from traditional finance, which is struggling under the weight ...
President Donald Trump urged Federal Reserve Chair Jerome Powell to cut interest rates, claiming it’s time for the Fed to stop being political. In response, Powell stated that the Fed will wait before deciding on any changes, focusing on economic data. Despite the stock Market losing $1.5 trillion, Bitcoin price remained strong, trading above $84,000. ...
Bitcoin, often called “digital gold,” is facing a tough reality as institutional investors turn back to traditional gold during ongoing trade tensions and economic uncertainty. A recent Bank of America survey indicated that 58% of fund managers prefer gold over Bitcoin, which only received a 3% preference as a safe haven. As geopolitical risks and ...
