Bitcoin was priced just above $81,000 during the early hours of Monday, reflecting an increase of less than 1% over the past 24 hours. This uptick follows the recent decision by the U.S. Securities and Exchange Commission, which facilitated onchain trading of tokenised U.S. stocks on Thursday, according to available data. NEAR emerged as the … Read more
Perhaps due to the significant escalation in the Middle East on Saturday evening, bitcoin’s notable rally was interrupted at $82,000, and the asset has since declined by nearly two thousand dollars. Most larger-cap altcoins have mirrored this trend, spearheaded by the two foremost privacy coins. Both ZEC and XMR have experienced a decline of approximately … Read more
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday, resulting in significant volatility in the bitcoin price, albeit briefly. However, it has stabilised and is presently 1% higher over the past 24 hours. According to reports, bitcoin is unlikely to be affected by the Fed’s decision. “We believe yesterday’s move … 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
After the long-awaited Clarity Act was blocked, the price of Bitcoin and other cryptocurrency-related equities fell. After falling as low as $75,038 at one point on Tuesday, the price of the most popular cryptocurrency recently was at $75,939, down 4% over the previous day. Lawmakers obstructed the significant digital asset market structure bill during a … Read more
Bitcoin is currently consolidating at $77.3K following a significant breakout from the $67K region. While the broader structure has improved significantly, BTC is now encountering a critical resistance cluster in the vicinity of $80K-$82K. Meanwhile, the latest Coinbase Premium reading indicates that US spot demand has not yet fully validated the recent advance. The daily … Read more
Bitcoin’s trajectory upward has encountered increased challenges in the near term; however, the longer-term outlook may be showing signs of improvement, as indicated by a recent report. In a Friday note, James Butterfill, indicated that firmer-than-expected core inflation increases the likelihood of tighter Fed policy, which may limit bitcoin’s price to below $80,000 for the … Read more
Bitcoin’s price declined on Thursday following a surge in oil prices, which exceeded $105 a barrel due to escalating tensions in the Middle East. The largest and most established cryptocurrency was recently valued at $77,208, having dipped to a low of $76,748 – a decline of over 2% in the last 24 hours. Its dip … Read more
Bitcoin is currently trading at about $78,600, stabilising below a crucial resistance range between $83,000 and $86,000. This level aligns with various metrics, including the cost basis of long-term holders, the BTC futures liquidation map, and the break-even price of institutional ETFs. However, the selling pressure within this range is significantly muted, indicating a possible … Read more
Bitcoin treasury strategy has once more ceased the accumulation of sats. Just one week after resuming its bitcoin buying following a 10-week hiatus, the Nasdaq-listed company has paused its BTC purchases once more. Instead, the firm continued to engage in stock buybacks, repurchasing $176 million of STRC and expanding the scope of its digital credit … Read more
