Bitcoin hits fresh record as Fed easing bets add to tailwinds Reuters Bitcoin Rises to Record as Investors Snap Up Riskier Assets Bloomberg.com Bitcoin touches record high as crypto rally rages on amid bullish ‘fundamental changes’ Yahoo Finance BTC, ETH Price News: Bitcoin Tops $122K, Ether Nears 2021 Peak in Broad Crypto Rally CoinDesk Bitcoin will either ‘Godzilla’ up or drop on ‘alt mania’ …
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Crypto Market Conditions ‘Exceptionally Strong’ as Bitcoin, Ethereum, XRP Advance
In brief Bitcoin surged to a record high above $124,000 as traders bet on a September U.S. rate cut, with odds exceeding 90%. Analysts cite strong order book dynamics, renewed buying pressure, and a favorable regulatory climate under the Trump administration as key drivers. Ethereum and XRP also advanced, though some warn markets may be overly confident about imminent Fed …
Read More »Bitcoin Jumps to New All-Time High Price as Ethereum Nears Record
Bitcoin hit another all-time high price mark on Wednesday as a increasingly favorable macro environment pushes traders to take more risk. And Ethereum might be following right behind. The leading cryptocurrency hit a new peak price of $122,882 on Wednesday afternoon, beating its previous July record of $122,838, CoinGecko data shows. Stocks also soared to close in on new highs as …
Read More »Bitcoin Tops $122K, Ether Nears 2021 Peak in Broad Crypto Rally
Bitcoin has mounted another attempt for a fresh all-time record climbing near $123,000, a four-week high during the Wednesday U.S. session. Two previous attempts, spiking to $122,300 on Monday and topping $123,000 on July 14, were met with heavy selling, knocking down prices intraday below $120,000 on both occasions. Ethereum’s ether (ETH) was also inching closer to its 2021 peak …
Read More »Crypto Fear & Greed Index hits 70 as Bitcoin nears its ATH again – What next?
Key Takeaways The crypto market remains in a strong “greed” phase, with bullish sentiments pushing Bitcoin and Ethereum higher despite overbought signals. Investor sentiment in the crypto market took a bullish turn recently. This, after the Crypto Fear & Greed Index peaked at 70 – A clear signal of heightened optimism. At the time of writing, it had eased to …
Read More »Ethereum’s $4,300 push meets falling Bitcoin dominance – Is a flippening next?
Key Takeaways Ethereum’s surge past $4,300 and declining Bitcoin dominance could signal a potential “flippening,” with experts predicting shifting momentum between Bitcoin and altcoins over the coming months. Ethereum [ETH] surged past $4,300 while Bitcoin’s [BTC] dominance declined, fueling speculation that Ethereum could surpass Bitcoin in value within the next year. In fact, with strong technical indicators and growing institutional …
Read More »Is Bitcoin too centralized now to succeed? Binance’s grip raises new red flags!
Key takeaways Binance’s steady 20%+ share of Bitcoin reserves is keeping it a dominant force in price discovery, increasing market fragility. Analysts warn that growing reliance on ETFs and treasuries introduces hidden structural risks. Binance may hold the lion’s share of Bitcoin [BTC] reserves, but does that kind of concentration come at a cost? With so much liquidity in one …
Read More »Bitcoin nears $122,000, ether hits 2021 high following Trump's crypto 401k announcement – The Block
Bitcoin nears $122,000, ether hits 2021 high following Trump’s crypto 401k announcement The Block Trump’s 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk Reuters Trump 401k changes: What to know NBC News DEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov) Private Equity in Your 401(k). What Could Go Wrong? The New York Times Source …
Read More »Bitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data
In brief Bitcoin has rebounded 4.5% since Saturday, nearing its mid-July record of $122,838. Derivatives data shows a jump in open interest, pointing to a surge in leveraged long bets. Traders are watching Tuesday’s CPI release for clues on potential Fed rate cuts. Bitcoin is expected to break its all-time high this month as a positive macroeconomic outlook continues to …
Read More »How El Salvador’s new law could make Bitcoin banks a reality!
Key Takeaways El Salvador’s new Investment Banking Law allows regulated banks to hold Bitcoin and offer crypto services to accredited investors. With growing global interest, the country is positioning itself as a rising crypto finance hub. El Salvador’s Legislative Assembly is doubling down on its Bitcoin [BTC] bet. A newly approved Investment Banking Law will let regulated investment banks hold …
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