Bitcoin (BTC) dropped below the key $90,000 support zone and traded near $89,588 at the time of writing. The decline followed last week’s brief bullish breakout attempt. On the other hand, gold has reached an all-time high of over $4,900 per ounce at the time of writing. This development further underscores the difference between the
U.S. spot Bitcoin exchange-traded funds recorded three straight trading sessions of net outflows this week, totaling $1.58 billion. The pullback follows a brief stretch of positive follow-through, sandwiched between another three-day outflow streak from Jan. 7 – 9 that totaled $1.134 billion, or about $378 million a day leaving the category. Earlier in the month,
Global markets rallied after U.S. President Donald Trump de-escalated trade tensions with Europe and Greenland, sparking a relief surge across equities. Bitcoin mirrored this volatility, plunging to $88,200 before rebounding to $90,000, though it remains down 7% weekly. Global Markets Surge on ‘Greenland Framework’ Global markets shifted into a relief rally today as the shadow
Gold prices have crossed a historic threshold in global markets. For the first time, the price of an ounce of gold exceeded $4,900, reaching an all-time high. Strengthening demand and macroeconomic uncertainties continue to support the rise in precious metals. According to current data, the total market value of gold has risen to approximately $33.9
The price of Bitcoin is currently moving sideways, as traders pause after weeks of volatile trading. Analysts say the market is consolidating, with no clear trend in place, even as long-term expectations around a move toward $100,000 remain alive. On the daily chart, Bitcoin is locked in a range, reflecting uncertainty rather than strong buying
In the US state of Kansas, a strategic reserve initiative directly targeting Bitcoin has emerged. A new bill submitted to the State Senate aims to have Kansas officially classify digital assets under a reserve framework. The “Bitcoin and Digital Assets Reserve Fund” bill, introduced to the Senate, proposes that unclaimed digital assets and the income
Gold surged nearly 2% on Thursday afternoon, climbing to a fresh all-time high above $4,900 as investors returned to traditional safe havens. Silver also pushed to new record levels above $96, extending a multi-month rally that has seen precious metals print successive highs almost daily. The rally came despite a brief pullback on Wednesday after
Bitcoin’s price remained in a tight range today, January 22, as investors reacted to new developments on Greenland and to ongoing ETF outflows. Summary Bitcoin price retreated after the US released strong GDP data. The numbers pushed the odds of Federal Reserve interest rate cuts this year. Technical analysis suggests that Bitcoin may continue falling,
Bitwise Asset Management has launched a new exchange-traded fund (ETF) designed to hedge against currency debasement, underscoring how digital assets are increasingly being incorporated into broader macro investment strategies following the success of spot Bitcoin ETFs. On Thursday, Bitwise unveiled the Bitwise Proficio Currency Debasement ETF, which trades on the NYSE under the ticker BPRO.
The price of bitcoin remains sideways as the uncertainty over US crypto regulation lingers. BTC price is currently in the range of $90,000, unable to achieve follow-through following recent surges that saw its price peak at stagnation. This is compelled by the recent postponement of the CLARITY Act by the US Senate, which made traders