The ongoing conflict involving Iran, the U.S., and Israel has resulted in oil prices soaring beyond $100 a barrel on both sides of the Atlantic, raising concerns about potential inflationary pressures on the global economy. Asian markets are experiencing a downturn, bond yields are on the rise, and bitcoin is holding steady at $67,618.05, remaining … Read more
Bitcoin soared over $73,000 this morning, reaching a one-month high as institutional demand and technical positioning supported the market amid ongoing geopolitical conflict in the Middle East. The bitcoin price has recovered from recent lows following six straight weekly losses and five consecutive months of declines. Yesterday, the Bitcoin price approached $70,000 but did not … Read more
According to Geoff Kendrick, Bitcoin faces the potential for deeper losses as risk appetite diminishes and macroeconomic pressures intensify. In a note, Kendrick indicated that diminishing U.S. economic momentum and lowered expectations for Federal Reserve rate cuts have impacted crypto markets. He noted that declining digital-asset ETF holdings have eliminated a crucial source of demand. … Read more
In 2025, bitcoin experienced a significant transformation, evolving from a speculative risk-on asset to a foundational element of the global financial system. As the price soared to an unprecedented high of around $126,000, it eventually found stability within the $80,000 to $90,000 range. This year has been marked by a significant shift in market structure. … Read more