Category: Cryptocurrency news

Bitcoin faces near-term pressure as liquidity tightens, Hilbert Group CIO says

Global liquidity is set to deteriorate sharply, according to Russell Thompson, chief investment officer at crypto asset manager Hilbert Group (HILB), who said even a quick geopolitical resolution in Iran is unlikely to sustain a rally in risk assets without policy support. Liquidity conditions have stabilized in parts of the financial sector following the rollout […]

Five times President Trump made a statement that moved bitcoin, and why it might happen again this week

Bitcoin and other risk assets have become increasingly sensitive to statements from U.S. President Donald Trump, with markets often swinging upward or downward within minutes of his social media posts or policy announcements to the news media. This has drawn scrutiny from lawmakers, academics and market experts, as questions mount over whether those price movements […]

US-Iran Crisis Escalates Again, Bitcoin (BTC) Returns to Critical Zone! Here’s the Latest Situation

The leading cryptocurrency, Bitcoin ($BTC), surged above $78,000 on Friday following positive news from the US and Iran. However, due to escalating military tensions between the US and Iran over the weekend, Bitcoin gave back its Friday gains and fell back to the $74,000 level. Despite Iran opening the Strait of Hormuz, the US’s refusal […]