Bitcoin’s recent price stagnation reflects a market grappling with uncertainty, and confidence being tested not just by economic forces but also by political influence. At the center of this tension is Donald Trump, whose unpredictable remarks on cryptocurrency policy have injected fresh volatility into an already sensitive market. How Bitcoin Struggles For Direction As Uncertainty
Billionaire quant investor and AQR Capital Management founder Cliff Asness recently threw cold water on the popular narrative that cryptocurrencies serve as a reliable “safe haven” or digital gold. Instead, the hedge fund veteran argues that crypto is currently trading much like a standard tech stock. According to Asness, the current chart correlations between the
Crypto analyst Celal has predicted that the Bitcoin price could hit a new all-time high ($ATH) of $145,000. The analyst also provided a timeline for when the leading crypto could hit this milestone. When The Bitcoin Price Could Hit $145,000 In an X post, Celal stated that the Bitcoin price will rally to $145,000 between
Bitcoin is currently trading near $70.3K. $249M in $BTC liquidations hit the market. Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million $BTC exchanged. It makes it a strong area of both support and resistance.
Bitcoin BTC$68,358.29 held onto gains Monday after an early surge above $70,000, but the rebound’s fate now hinges on what’s next between the U.S. and Iran. The move followed U.S. President Donald Trump’s announcement of a five-day pause on strikes against Iranian energy infrastructure, citing “productive” diplomatic talks. Iranian officials denied the existence of talks,
Bitcoin’s jump back above $70,000 on Monday morning came with unusual clarity. The move started when Donald Trump posted on Truth Social that the United States and Iran had held “very good and productive conversations” on a “complete and total resolution” of hostilities in the Middle East, and that planned strikes on Iranian power plants
Key takeaways Bitcoin is outperforming gold, reflecting its growing appeal as an investment. Market liquidity for Bitcoin has decreased, leading to increased price volatility. Stabilization of open interest in the futures market has helped reverse Bitcoin’s price trend. Bitcoin is currently seen more as a high beta tech stock than an inflation hedge. Investor confidence
According to a recent report published by the cryptocurrency exchange Bitfinex, Bitcoin’s price could experience a rapid rise if it surpasses a critical level. The analysis suggests that if Bitcoin breaks above $72,000, it may not encounter significant resistance until it reaches $82,000. The report explains this situation with a market structure described as an
Mt. Gox, the defunct crypto exchange that collapsed in 2014, moved around $500 worth of Bitcoin from wallets it still controls today, its first Bitcoin transfer in four months, according to data from Arkham Intelligence. MT GOX JUST MOVED… $500 Mt. Gox has moved a total of $500 of $BTC today, their first move in
Story Highlights Bitcoin costs $88,000 to mine but is trading near $68,000 and miners are switching machines off. Despite losing money on every coin, miners have nearly stopped sending Bitcoin to exchanges to sell. The last two times Bitcoin traded this far below production cost, it marked a cycle low. Bitcoin is trading at $68,247