Bitcoin’s price rose above $84,500 on Wednesday as investors returned to risk-on assets, with a notable emphasis on technology-related stocks. The leading cryptocurrency was recently priced at 84,461 after rising nearly as high as 84,588 earlier on Wednesday morning in New York. Over a 24-hour period, the coin has appreciated by 2%. Over the course … Read more
JPMorgan Chase’s asset management division has indicated that although bitcoin remains excessively volatile to be advised for strategic investors’ portfolios, the cryptocurrency has the potential to outperform the majority of asset classes in the upcoming decade. In its 2027 “Long-Term Capital Market Assumptions” report, the bank noted that although the price volatility of the largest … Read more
Bitcoin’s price is currently experiencing a unique technical standoff, trading at approximately $81,500 on Saturday, Oct. 17, 2026. This situation arises as bearish short-term moving averages are in conflict with a significantly more robust longer-term structure. With a market capitalisation of approximately $1.639 trillion, daily trading volume of $13.967 billion, and a 24-hour range extending … Read more
Bitcoin’s price has experienced a significant decline, alongside other assets, as oil prices rise and borrowing costs escalate. The largest cryptocurrency was trading for $83,062, reflecting a decline of nearly 4% over a 24-hour period Wednesday morning in New York, after experiencing a low of $82,823 at one point. Last week, the coin approached a … Read more
Bitcoin is entering October with notable momentum, renewed institutional demand, and a robust seasonal pattern supporting its trajectory. BTC concluded September at $83,563, significantly surpassing its estimated realised price of $54,000 and the 200-week moving average, which is approximately $66,000, as indicated by analyst. Around 71% of bitcoin supply was in profit at month-end. As … Read more
Bitcoin is experiencing one of its most successful quarters to date – further evidence that the leading cryptocurrency is in a bull market. As highlighted by The Kobeissi Letter this week, the price of bitcoin has increased by nearly 30% since August 19, coinciding with the U.S. Treasury’s announcement regarding plans to significantly expand its … Read more
It was difficult to envision following the conclusion of June and the substantial outflows documented during the initial half of the year, yet the spot BTC ETFs have successfully reversed the trend and are currently showing positive performance year-to-date. The spot Ethereum ETFs have recovered from last week’s losses, with cumulative net inflows rising to … Read more
The system is broken, stated the Kobeissi Letter, as the US stock market experienced a decline alongside cryptocurrency following the release of the robust jobs report. Attention was focused on the US jobs report released on Friday, revealing that the US economy added 162,000 jobs in August, significantly surpassing expectations of approximately 55,000-58,000. The unemployment … Read more
Ki Young Ju believes that institutional capital and exchange-traded funds outside of the US may be responsible for the peak of the current bull cycle in bitcoin. He presented the forecast in an Aug. 27 post on X, identifying international market access as a potential source of demand following the broadening of regulated exposure facilitated … Read more
Bitcoin Policy UK has criticised British banks for imposing broad restrictions on legitimate bitcoin activities. The organization stated in an announcement on Friday that it had provided evidence to the parliamentary inquiry of the Crypto and Digital Assets APPG regarding banking access, indicating that there have been no advancements in the treatment of bitcoin activity … Read more
