Bitcoin ($BTC) today is down by 2.16% to trade at about $77,000 following extensive bond sell-offs, a hawkish Fed note, and renewed hostilities in the Middle East. While $80K remains a crucial ceiling to clear on the road to $90K, the question of when Bitcoin will permanently cross the six-figure line also lingers. Bitcoin at […]
The late August cryptocurrency market rally not only brought renewed activity and optimism to the sector but also already created multiple new rapid success stories. DumbCrayonEater proved to be the latest trader to provide an example: in just two months, they managed to turn an investment only slightly larger than $21,000 into unrealized gains greater […]
Back in early April 2023, when bitcoin traded near $30,000, CoinDesk flagged China’s credit impulse as a bullish tailwind for risk assets, including bitcoin $BTC$77,495.83. The same indicator is now telling a different story. Credit impulse, invented by economist Michael Biggs in 2008, measures the change in the flow of new credit relative to gross […]
The headwinds hitting bitcoin aren’t landing, even as they inflict damage on major traditional assets. That relative strength, however, may still get challenged by the resilient Dollar Index. Futures tied to WTI oil have topped $90 and are up nearly 9% for the week, as of this writing, according to data from TradingView. A higher […]
Market data shows that over the last seven days, bitcoin’s price has exchanged hands for $76,962 to $81,281 per unit. 30-day metrics show that $BTC has risen around 26% against the U.S. dollar, with August closing out in the green. With positive thoughts pushing through the month prior’s despair, several analysts, market strategists, influencers, key […]
Cardone Capital manages real estate assets valued at over $5 billion and holds corporate reserves in Bitcoin. The required market capitalization of $20 trillion would place the unit price of each $BTC above $1 million. The businessman’s statements were published by financial portal TheStreet during an analysis of institutional monetary adoption. Real estate investor Grant […]
BlackRock’s spot Bitcoin exchange-traded fund (ETF), IBIT, has delivered slightly higher total returns than Vanguard’s S&P 500 ETF, VOO, since its launch in January 2024. According to data shared by Bloomberg senior ETF analyst Eric Balchunas on X, IBIT recorded a total return of 71.34% from its inception through the present, compared with VOO’s 66.06% […]
Global investment bank TD Cowen has set a year-end price target of $97,500 for Bitcoin, implying roughly 25% upside from the current price of around $78,000. The forecast, reported by Crypto Briefing, reflects a sharp downward revision from the bank’s earlier projection of $177,000–$225,000 for 2026–2027, a move that signals a more cautious near-term outlook […]
The cryptocurrency market’s rapid rise in late August and subsequent stabilization at an elevated level led to much speculation about whether a new bull market has started, and Finbold’s predictive machine learning algorithms estimated that a clear answer, at least for Bitcoin (BTC) price, will not emerge by September 30, 2026. Bitcoin price one-month chart. […]