Bitcoin reclaimed the $62,000 threshold on Wednesday, recovering from an intraday drop to $60,679 and driving the overall crypto market valuation to $2.21 trillion. Key Takeaways: Bitcoin reclaimed $62,000 on Wednesday, shrugging off a brief dip below $61,000 after an overnight U.S.-Iran fire. The BLS reported May headline CPI hit 4.2%, dampening investor appetite for
Many investors expected Bitcoin to skyrocket after breaking through previous all-time highs, but prominent investor Kevin O’Leary argues that the market is still waiting for the true catalyst. In his view, the next significant phase of growth for digital assets will be sparked by the weight of legislative action. The institutional “waiting game” O’Leary has
CNBC Mad Money host Jim Cramer has dismissed both Bitcoin and gold as “bad money” that is currently being liquidated in favor of high-growth tech stocks like Nvidia and Apple. This comes after the superstar stockpicker recently accused Strategy co-founder Michael Saylor of “murdering Bitcoin” following the company’s sale of 32 BTC. Volatile options In
When Morgan Stanley created a firmwide Head of Digital Asset Strategy role in January 2026, it handed the job to Amy Oldenburg — a 26-year veteran of the bank who spent much of her career in emerging markets, trading foreign exchange and equities in places where formal banking infrastructure was either unreliable or absent. That
Strategy Inc. CEO Phong Le somewhat pushed back Tuesday against the wave of criticism that followed the company’s first Bitcoin sale since 2022, telling CNBC’s Power Lunch that the move was a deliberate, limited exercise designed to signal operational flexibility — not a philosophical reversal. “We wanted to inoculate the market and we wanted to
Jim Cramer, the host of CNBC’s Mad Money, has made a new market prediction that is generating significant discussion. According to a report from Watcher.Guru, Cramer stated that investors are currently selling off assets he categorizes as “bad money,” specifically Bitcoin and gold, in order to raise capital for the highly anticipated initial public offering
Ashish Singhal, the chief executive of Indian cryptocurrency exchange CoinSwitch, offered a measured perspective on Bitcoin’s recent price movement, stating that the conversation around the digital asset has fundamentally shifted from questions of survival to those of growth. In a post on social media platform X, Singhal noted that while market observers focus on Bitcoin’s
Bitcoin is trading around $ 63K after a volatile stretch, with sentiment still mixed across the crypto market. While traders remain cautious following recent corrections, some analysts say the current environment looks more like the end of a downturn than the start of a deeper decline. In an exclusive interview with Coinpedia, the CIO and