Tag Archives: Bitcoin

In brief Bitcoin dropped 2.8% to $109,882, with $940 million in long liquidations. Trump’s firing of Fed Governor Lisa Cook rattled markets, briefly sinking the dollar index. Investors await Q2 GDP revisions and core PCE inflation for clues on September rate cuts. Bitcoin is extending its weekend losses ahead of key macroeconomic events this week that could influence the U.S. …

Bitcoin slides below $110,000 as capital rotation shifts to risk-off mode  The Block Bitcoin Nears Seven Week Low as Investors Shift Focus to Ether  Bloomberg.com Bitcoin, Ethereum, XRP Fall Amid Crypto Flash Crash. Why They’ve Given Up Gains.  Barron’s Asia Morning Briefing: BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity  CoinDesk Bitcoin Not Rising Quickly Enough? Analyst Says Early …

Bitcoin, Ethereum, XRP Fall Amid Crypto Flash Crash. Why They’ve Given Up Gains.  Barron’s XRP Price Prediction: Zooms 3% as Powell Speaks at Jackson Hole  CoinDesk A Derivatives Led Market  Glassnode Insights Crypto stocks tumble as investors go into risk-off mode  CNBC Bitcoin price today: slips below $113k, near 6-wk low despite Fed cut bets  Investing.com Source link

Key takeaways Bitcoin’s realized cap has hit a record $1 trillion, while billions in short positions could trigger a sharp rally if BTC climbs toward $120K. Bitcoin’s [BTC] catching its breath, but the market is anything but quiet. The king coin is at a calmer phase after weeks of frenzied trading, even as realized capital just notched an unprecedented $1 …

Despite this week’s market downturn, some analysts predict that the inclusion of digital assets in US 401(k) retirement plans may unlock billions of dollars in new inflows by the fall, potentially driving Bitcoin to record highs. This “bullish” development may push Bitcoin (BTC) above $200,000 before the end of the year, signaling another $122 billion worth of new capital while …

Bitcoin (BTC) grew to account for about 1.7% of global money, a figure that includes aggregate M2 money supply data for all major fiat currencies, the largest minor currencies, and gold’s market cap, according to River, a Bitcoin financial services company. “In 16 years, Bitcoin went up to 1.7% of global money,” River said. The company weighed Bitcoin’s market cap …

Key takeaways: Bitcoin surged 5% to $117,300 after Federal Reserve Chair Jerome Powell hinted at an upcoming interest rate cut, liquidating $379.88 million in shorts. Analysts say the BTC “uptrend is back,” with the potential to hit $200,000 before the end of the year. Bitcoin (BTC) took out the ask liquidity above $117,000 on Friday after Federal Reserve Chair Jerome …

Key Takeaways Crypto market traders were positioned for Jerome Powell to be hawkish in a highly anticipated speech, but they were pleasantly surprised as the Fed chief suggested rate cuts could be coming soon. Prediction markets bettors now place higher odds of a quarter percentage rate cut in September than they did prior to the speech. Bitcoin and proxy stocks …

Key Takeaways Bitcoin traders were selling ahead of Jerome Powell’s highly anticipated speech Friday morning at the Jackson Hole Economic Policy Symposium, preparing for the possibility that the Fed chair fails to signal that an interest rate cut is likely in September. Bitcoin options pricing indicated bearishness across time horizons. The “secular bull” for bitcoin may not be over yet, …

Crypto investors are holding their breaths before Jerome Powell, chair of the Federal Reserve, speaks Friday in Jackson Hole, Wyoming. Bitcoin has dipped about 1% over the past 24 hours and almost 5% over the past week to around $112,000, according to data from Binance. Ethereum, the world’s second largest cryptocurrency, is also down 2% over the past day to …