Bloomberg Intelligence analyst Athanasios Psarofagis said that Bitcoin (BTC) did not provide investors with the expected protection during market declines, while gold showed a more stable performance. Speaking to Scarlet Fu, Katie Greifeld and Eric Balchunas on the “ETF IQ” program, Psarofagis stated that gold holds up better on days when the S&P 500 falls,
Bitcoin traders are seeking downside protection ahead of the U.S. inflation data, which is expected to show President Donald Trump’s trade tariffs are starting to affect consumer prices. The report, due at 12:30 UTC, is expected to show that the headline consumer price index (CPI) increased 2.8% year-on-year in July, up from a 2.7% rise
Bitcoin has seen a retrace back below the $120,000 level as data shows the Coinbase Premium Gap has dropped into the negative zone. Bitcoin Coinbase Premium Gap Has Plummeted Into The Red Region In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap.
The price of Bitcoin went above $122,286 today as a massive new buyer nears entering the market. All eyes are on Nakamoto Holdings Inc., the Bitcoin-native holding company set to complete its long-anticipated merger with healthcare provider KindlyMD (NASDAQ: NAKA). Once the merger is complete, Nakamoto will be cleared to begin purchasing bitcoin with over
Bitcoin’s (BTC) overnight push towards fresh records met with profit-taking on Monday, knocking prices down to $118,500. The pullback left bitcoin 2.8% off its session high of $122,200, though the largest crypto remained up 0.4% over the past 24 hours. Ether held above $4,200, modestly up 0.8% during the same period, while major altcoins Solana’s
A significant event recently caught the eye of crypto enthusiasts and market watchers alike: a substantial Cumberland Bitcoin transfer. According to Whale Alert, a wallet believed to belong to crypto market maker Cumberland moved a whopping 471 BTC, valued at approximately $56.39 million, directly to Coinbase Institutional. This massive movement of funds often signals interesting
Bitcoin’s price movements often reflect broader macroeconomic trends. Analysts have uncovered a consistent pattern where BTC’s price follows these shifts with a roughly 12-week delay. With global liquidity now picking up steam, the macro-level signal now points toward a potential bullish phase ahead for BTC. How Liquidity Trends Fit Into Bitcoin’s Long-Term Cycle In an
Key Takeaways Nakamoto Holdings’ founder says $1B Bitcoin purchase is imminent. He plans to use VWAP trading to minimize market impact. David Bailey, CEO of Bitcoin Magazine and Bitcoin advisor to US President Donald Trump, says that his dream of buying $1 billion worth of Bitcoin will come true tomorrow. “Gotta start dreaming bigger,” he
The cryptocurrency world is buzzing with significant news: the Bitcoin DVOL, or Deribit Volatility Index, has experienced a notable surge. This crucial indicator, which measures the implied volatility of Bitcoin options on the Deribit exchange, recently jumped to 37 from a low of 26% just last week. This dramatic increase signals that traders are actively