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
The price of bitcoin declined on Wednesday following the release of data indicating that U.S. consumer prices increased more than anticipated in September, primarily driven by escalating petrol prices. The largest cryptocurrency by market capitalisation was recently trading at approximately $82,827, having experienced a decline of nearly 1% over the past 24 hours. On Wednesday … Read more
Bitcoin traded predominantly within the $84,000 to $85,000 range on Friday, until a sudden spike in volatility caused its price to approach $83,000. After experiencing a decline in momentum subsequent to its second breach of $87,000 earlier in the week, bitcoin steadily relinquished the majority of its gains from Monday, during which it had surged … Read more
Bitcoin’s price fluctuated before ultimately remaining relatively unchanged over a 24-hour span following the Federal Reserve’s anticipated interest rate increase – the first since 2023. The leading cryptocurrency was recently priced at nearly $75,813 after experiencing a decline to as low as $75,355 in the hour following the U.S. central bank’s decision to raise the … Read more
Bitcoin is entrenched in its bear market; however, it is exhibiting an unusual behaviour: remaining stagnant. According to a recent report, thirty-day realised volatility has decreased to 27.2% annualised, a decline from 30.4% the previous month and significantly below bitcoin’s long-run average of approximately 80%. For an asset characterised by double-digit daily fluctuations, this represents … Read more
Following a commendable increase in July, Bitcoin transitioned into August; however, historical trends suggest that the market could be on the brink of experiencing one of its most volatile periods of the year. While July has traditionally been a favourable month for Bitcoin, August has exhibited variable performance in previous market cycles. Therefore, the forthcoming … Read more
Bitcoin has surged to $81,719 as of yesterday, breaking above critical technical levels and solidifying its position above the $80,000 mark. While bulls seem to have a strong grip, resistance around $85,000 is on the horizon, indicating a possible inflection point for the ongoing rally. Bitcoin’s movement above the True Market Mean of $78,200 and … Read more
Bitcoin price surged past $76,500 yesterday, maintaining its recent upward momentum even amid escalating geopolitical tensions. Bitcoin retraced toward $75,000 as the weekly close approached, with the weekend bringing renewed tensions between the United States and Iran that unsettled markets and shifted focus back to oil prices. The recent pullback came after a failed attempt … Read more
Bitcoin’s price stabilized this week following a wave of volatility linked to escalating tensions in the Middle East and a spike in oil prices. As of this morning, the bitcoin price hovers around $70,000, having surpassed $71,000 during early trading sessions. The weekend saw turbulence as disruptions near the Strait of Hormuz drove crude oil … Read more
The price of bitcoin saw a notable recovery yesterday after a sharp decline in the previous 24 hours, momentarily climbing above $71,000, which represents a remarkable increase of $11,000 from its earlier low of $60,000 during the session. The decision came after a period of turbulent market activity, where the top digital asset broke through … Read more
