Articles for tag: Bitcoin recovery, Coinbase MicroStrategy gains, Cryptocurrency market, inflation impact, investor confidence, price volatility, Tom Lee predictions

January 14, 2025

Bitcoin Surges Over $97,000: A Stunning Reversal Fueled by Light Inflation Data and Increased Risk Appetite

Bitcoin saw a notable recovery on Tuesday, climbing 4% to nearly $96,677 after a previous decline below the $90,000 mark. This positive shift in the cryptocurrency Market occurred alongside a broader uptick, driven by a reported drop in inflation that reassured traders. Companies like Coinbase and MicroStrategy also enjoyed gains of over 3% and 5%, ...

January 14, 2025

Market News

Crypto

Tom Lee Predicts Bitcoin Could Reach $200K-$250K by Year-End 2023: Insights from Fundstrat’s Chief Analyst

Bitcoin continues to experience price volatility, recently fluctuating between $90,000 and $100,000, stirring mixed emotions among investors. After a drop below $90,000 on Monday, the cryptocurrency rebounded to above $96,500 on Tuesday, marking an 8% increase. Tom Lee, a prominent Bitcoin bull and head of research at Fundstrat, views the current decline as a normal ...