Mike Novogratz, the founder and CEO of Galaxy Digital, said the U.S. government’s persistent fiscal deficits are keeping him bullish on Bitcoin, the flagship cryptocurrency. He has predicted that Washington’s persistent reluctance to rein in spending will result in forced fiscal discipline. Frightening figures Novogratz made the comments on X in response to investor and
Bitcoin’s next 60 days could be important for determining whether the current bear market reaches a bottom by October or continues into November or December, according to an analysis of historical market cycles. Bitcoin is currently trading around $63,000. Historical data shows that August and September have often been weak months for Bitcoin, particularly during
After reaching its peak of $126,000 in October, Bitcoin entered a bear market, falling to around $57,000 before continuing its sideways movement above $60,000. While discussions continue about whether $BTC, which has been moving sideways between $60,000 and $65,000 for some time, has reached its bottom, one analyst pointed to October as a possible bottom.
Bitcoin ($BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July. Key points: Bitcoin avoids further downside as US PPI data provides a boost to US equities. Cleveland Fed president stays hawkish on the outlook for interest-rate policy. Bitcoin long liquidations make $61,000 a key level
Bitcoin ($BTC) slipped toward $63,700 on Thursday as an in-line US inflation report eased some monetary-policy concerns but failed to generate enough momentum for a sustained cryptocurrency rally. The leading cryptocurrency is down by less than 1%, with altcoins recording bigger losses during that period. US inflation matches market expectations The bearish performance comes as
For the third consecutive month, a major inflation print failed to move Bitcoin in either direction. The asset that was supposed to trade on rate cut expectations is trading on something else entirely, and the market has not yet agreed on what that something is. Bitcoin’s price on August 11, the day before the CPI
Four consecutive weeks of sales. A $102 million realized loss. An $8.2 billion quarterly write down. The company that made corporate Bitcoin treasuries a category is quietly rewriting the playbook it created. Michael Saylor built his reputation on a single trade. In August 2020, MicroStrategy announced that it had converted $250 million of its corporate
As of August 13, 2026, Bitcoin ($BTC) trades near $63,847 and Ethereum (ETH) at $1,895 as markets await the July US Producer Price Index (PPI) data release. However, Indian traders face a USD/INR risk, as the July US PPI could shift Fed rate expectations, the dollar and $BTC prices, potentially altering the final $BTC-INR return.
A newly created wallet on Hyperliquid has opened a substantial leveraged position in Bitcoin, according to blockchain tracking firm Lookonchain. The wallet, which begins with the address 0x14699, deposited $153,000 into the platform and subsequently opened a 40x leveraged long position totaling 97.92 BTC, valued at approximately $6.22 million at the time of the trade.
Wallet of Satoshi, a prominent Bitcoin Lightning Network wallet provider, has announced a strategic shift from its custodial service model to a self-custody framework. The company, which previously held users’ private keys directly, will now enable customers to control their own Bitcoin and private keys, marking a significant change in how the wallet operates. Timeline