Tag Archives: Bitcoin

Key Takeaways President Donald Trump said he expects the GENIUS Act to clear a key procedural hurdle Wednesday after the stablecoin bill ran into resistance a day earlier. The price of Bitcoin climbed above $119,000, and shares of crypto companies like Circle and Coinbase improved in recent trading. Trump said on Truth Social he convinced Republicans who voted with Democrats …

Bitcoin Price Rises After Crypto Bill Setback. What Trump Says Will Happen Today.  Barron’s Capitol agenda: Trump puts out another fire for Johnson  Politico Ether, Bitcoin And More Crypto Rallies After Trump Says Republicans Back His Stablecoin Bills  Forbes Crypto bounces on renewed optimism House could pass key stablecoin legislation this week  CNBC Trump says he has deal on crypto legislation after GOP hard-liners …

In brief Bitcoin dropped 4.5% from its all-time high to $117,250 as traders locked in profits and exchange inflows surged. Sticky inflation and Fed uncertainty added pressure, with June CPI rising to 2.7%, dimming hopes of rate cuts. Powell’s potential replacement is becoming a political flashpoint, with Treasury Secretary Bessent confirming a formal succession process is underway. Bitcoin’s dip on …

U.S. President Donald Trump on Tuesday publicly called on all Republicans to vote in favor of the GENIUS Act, a sweeping crypto bill aimed at positioning the United States as the global leader in digital assets during what is now being billed as “Crypto Week.” What Happened: Taking to social media platform Truth Social, Trump said, “Happy Crypto Week! The …

Bitcoin Price, XRP Drop After Crypto Rally. Here’s Why.  Barron’s Bitcoin tops $120,000 for the first time  CNN What is the US’s Crypto Week? Why has Bitcoin hit a record high?  Al Jazeera Bitcoin Price Soars Past $120,000 at Outset of House’s ‘Crypto Week’  The New York Times Bitcoin becomes world’s fifth-largest asset by market cap, surpassing Amazon as price hits $122,000  The Block Source …

Bitcoin Pulls Back as Record Rally Triggers Profit Taking  Bloomberg.com Bitcoin tops $120,000 for the first time  CNN What is the US’s Crypto Week? Why has Bitcoin hit a record high?  Al Jazeera Bitcoin Price Soars Past $120,000 at Outset of House’s ‘Crypto Week’  The New York Times Bitcoin becomes world’s fifth-largest asset by market cap, surpassing Amazon as price hits $122,000  The Block Source …

The value of a single bitcoin surpassed $120,000 early Monday, the latest record price for the digital token that has set multiple all-time highs in recent weeks amid bullishness about developments on Capitol Hill and concerns about inflation and the U.S. dollar’s declining value. The digital token remains prone to large price swings. Between 8 a.m. and by 3:30 pm …

Bitcoin price predictions are coming thick and fast after Monday’s all-time high, and one analyst is tipping Bitcoin to reach $135,000 before a significant market correction. Before this breakout, there were almost two months of consolidation, which now feels like “ancient history,” Fairlead Strategies founder and managing partner Katie Stockton told CNBC on Monday. She said that the firm creates …

Bitcoin continued its rapid climb and hit another all-time high Monday as U.S. lawmakers begin a week focused on passing pro-crypto legislation. Data from CoinMarketCap showed bitcoin climbed above $123,000 early Monday, up from about $108,000 only a week ago. The world’s oldest and most popular cryptocurrency is currently the fifth most valuable asset class in the world at $2.4 …

What to Expect From Tuesday’s Inflation Report 50 minutes ago So far, the impact of President Donald Trump’s campaign of steep tariffs against U.S. trading partners has been difficult to spot in hard economic data, but that may be about to change. A report on the Consumer Price Index is expected to show a notable uptick in inflation, according to …