Egrag Crypto, a prominent crypto analyst, recently predicted that just a small blip could push Bitcoin higher based on its historical behavior. Note that Bitcoin is still struggling just above the $121,000 mark, after dropping from the new all-time high above $126,000. The week has seen the largest crypto by market cap swing between $115,000
Leading cryptocurrency Bitcoin (BTC) broke a new record, exceeding $126,000 for the first time since August, due to the start of October and the impact of the US government shutdown. However, this rise was short-lived and the BTC price dropped to $121,000 in the evening hours. While bullish expectations continue for Bitcoin, which has recovered
The basic multiple-to-net asset value (mNAV) per share of Strategy has fallen to a 19-month low. At just 1.21x,* the company’s common stock hasn’t traded at a worse basic premium to its bitcoin (BTC) holdings since late February 2024. Investors overwhelmingly value shares of MSTR based on the company’s BTC treasury and its prospects to
As Bitcoin (BTC) seeks to reclaim the $125,000 record high, analysis by OpenAI’s artificial intelligence model ChatGPT suggests that by Thanksgiving 2025, the asset’s price could range between $85,000 and $200,000. The model based its projection on current market trends and historical patterns, pointing to the possibility of moderate gains while warning of potential volatility
Japanese real estate and construction firm Lib Work Co., Ltd. has officially joined the growing list of Bitcoin holding corporations in Japan. The publicly traded company confirmed that it has completed its first cryptocurrency purchase. It totaled 29.64 Bitcoin, between September 8 and September 29. The announcement makes Lib Work one of the few companies
Key Takeaways A Bitcoin early adopter sold 3,000 BTC for $363.87 million USDC, valuing each Bitcoin at $121,291. The sale is part of a broader trend where Bitcoin whales diversify their holdings. A Bitcoin early adopter sold 3,000 BTC for $363.87 million USDC today, with each Bitcoin priced at $121,291. The investors previously sold 35,991
Prominent market analyst EGRAG Crypto shared a massively bullish forecast for Bitcoin, suggesting that $175,000 could merely be a “blip” before a much larger move toward a potential $400,000 cycle peak. His analysis, based on Bitcoin’s historical 3-month channel formations, outlines how each prior bull market has followed a similar pattern, steady accumulation within a
Bitcoin and altcoins falter ahead of the FOMC Minutes release and Jerome Powell speech due this week. Traders await these key macroeconomic events for cues to support a further rally. While the US government shutdown continues, Bitcoin recovery hinges on the dovish FOMC meeting minutes and FED Chair Jerome Powell as inflation concerns rise amid
Bitcoin extended its retreat from record highs on Tuesday, triggering a liquidation event that wiped out nearly $500 million in leveraged long positions and underscoring the volatile underpinnings of the recent rally. At time of publication, Bitcoin’s price is down 1.2% over the past 24 hours and nearly 3% from its $126,080 record high set
Crypto asset management firm Bitwise predicts that U.S.-traded spot Bitcoin ETFs will experience record capital inflows in the fourth quarter of 2025. The company noted that these inflows could surpass the 2024 total by the end of the year. Bitwise Expects Record Inflows into Bitcoin ETFs in the Final Quarter of the Year Matt Hougan,