Bitcoin demand has been quietly expanding since July, setting the stage for what could be another late-year rally to over $200,000 Apparent demand has grown at a rate of roughly 62,000 BTC per month, according to CryptoQuant, a backdrop similar to Q4 of 2020, 2021 and 2024 when prices staged sharp moves higher. Sustained growth
Bitcoin surged past $120,000 on October 3 following the US federal government’s partial shutdown earlier this week. Investors sought safety in digital assets and gold, highlighting Bitcoin’s position as an alternative store of value when traditional systems falter. Just one day earlier, Cardano founder Charles Hoskinson predicted Bitcoin could reach $250,000 by mid-2026, citing geopolitical
The time for optimistic predictions about the Bitcoin price reaching a new record is swiftly running out. Many analysts initially predicted that the market’s leading cryptocurrency would achieve a milestone of $200,000 this year. However, as time progresses, these forecasts are being adjusted, with some traders on crypto prediction platforms lowering their price targets. Despite
Bitcoin edged higher today, breaching the key $119,000 mark, after a string of steady sessions, lifting prices above recent ranges and drawing fresh attention from big investors. According to Coinglass data, BTC rose about 2.50% in the last 24 hours, and is up 8% over the last seven days. Trading activity and inflows are being
Bitcoin has broken above the key $120,000 level for the first time since August. The rally is fueled by renewed optimism about macroeconomic tailwinds. BTC futures open interest has hit a record high of $32.6 billion. The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not
A cryptocurrency analyst has pointed out how Bitcoin could target $139,000 next, according to this on-chain pricing bands model. Bitcoin Has Broken Past 0.5 SD MVRV Deviation Band In a new post on X, analyst Ali Martinez has talked about where Bitcoin may be heading next based on the MVRV Extreme Deviation Pricing Bands. This
Donald Trump Jr. told a jam-packed conference room at Token 2049 in Singapore how the media’s unfair treatment of his family had spurred them to create alternative forms of channeling attention and engagement. Trump, the son of U.S. President Donald Trump and co-founder of World Liberty Financial, said that the crypto project resulted from the
J.P. Morgan Wealth Management’s head of investment strategy thinks the stock market has more room to grow. Elyse Ausenbaugh says in a new interview with CNBC that AI investment is a powerful tailwind. The investment strategist predicts the Federal Reserve’s easing and corporate profits will both play a role in equity prices going forward. “We
A new report on VC fundraising in the crypto space provides interesting conclusions. The sector is undergoing deep consolidation, with fewer projects receiving substantially more capital. Sectors like DeFi, AI, and blockchains are getting a lot of interest, whereas RWAs, DePIN, NFTs, and GameFi are falling by the wayside. Aligning with major players’ preferences may
Backpack, a major crypto exchange and wallet recognised for its efficient customer experience and flexibility across multi-assets, enabled a strategic integration into Aptos, a Layer-1 blockchain designed to deliver fast, secure, and scalable DApps (decentralized applications). Aptos announced the development via its X’s social media account. This partnership represents a huge achievement for the wallet