Bitcoin price today trades near $91,300 after recovering from the early December low near $85,000, but the rebound remains capped beneath a declining trendline that has rejected every upside attempt since late October. The recovery comes as traders anticipate the Federal Reserve’s final rate decision of the year and a spike in jobless claims that
Hokanews also points out the rising expectations in the impending December 910 Federal Reserve meeting where the markets anticipate a 25-basis-point rate reduction to 3.503.75 percent. It would be the third cut that the Fed would have made in 2025 following a gradual slowdown of the inflation. Analysts believe that this is a move that
Cryptocurrency investment products maintained upward momentum last week, logging two consecutive weeks of gains following substantial outflows. Crypto exchange-traded products (ETPs) attracted $716 million in inflows last week, adding to the previous week’s gains of $1 billion, European crypto asset manager CoinShares reported Monday. “Daily data highlighted minor outflows on Thursday and Friday in what
Digital asset investment company CoinShares predicted that a surge in tokenized real-world assets (RWAs) in 2025 will continue into 2026, driven by increasing global demand for dollar yield. In its 2026 Digital Asset Outlook report, CoinShares said tokenized RWAs saw strong growth in 2025, led by tokenized US Treasurys. According to the report, onchain Treasurys
Bitcoin BTC$92,156.54 rose Monday, supposedly in anticipation of a Federal Reserve interest-rate cut this week, although a continued rally in Treasury yields signaled caution. The Fed is expected to cut the target interest rate by 25 basis points to the 3.5%-3.75% range. It would be the third straight reduction in the cost of borrowing, amounting
Long-term holder (LTH) supply reached a cyclical low on Nov. 21, the same day bitcoin BTC$92,156.54 bottomed out around $80,000. With the bitcoin price now back at $90,000, about 15% higher from the low, the data suggests that most spot-driven sell pressure has already washed through the market following the 36% peak to trough correction.
Bitcoin (BTC) started the critical week where the FED will announce its interest rate decision for December above $91,000. Bitcoin, which fell below $90,000 over the weekend, has recovered slightly, but expectations of a decline continue. Stating that Bitcoin could fall to $50,000 at this point, Bloomberg Intelligence senior commodity strategist Mike McGlone shared his
Bitcoin is currently hovering at a critical technical level that needs to be defended to prevent major losses, according to crypto analyst “Daan Crypto Trades.” He was referring to the 0.382 Fibonacci retracement zone, which serves as a key area of support and resistance during market cycles. “I think this is a key area for
Ethereum competes with other chains like Solana or BNB Chain, thanks largely to its layer-2 solutions. In fact, while the layer-1 of Solana and BNB Chain do not require layer-2 solutions due to their very fast and cost-effective transactions, Ethereum’s layer-1, on the other hand, needs layer-2 to compete on equal footing in these aspects.