Bitcoin has recovered above $64,000 after dipping below $60,000, but faces pressure from Middle East tensions and the Federal Reserve's steady interest rates at 3.50%-3.75%. Inflation concerns and geopolitical risks weigh on sentiment, yet signs like reduced institutional selling and new accumulation around $60k-$63k suggest Bitcoin may be nearing a bottom. Resistance remains strong near $77k and $84k-$85k cost-basis clusters, indicating cautious investor sentiment. The market is pressured but not broken, with regulatory developments like the CLARITY Act still pending and potentially impactful.
Jim Cramer recently said he sold all his Bitcoin due to concerns about quantum computing potentially breaking Bitcoin's cryptography, citing IBM CEO's warning. However, days later on his show Mad Money, he advised a caller to buy Bitcoin instead of a...
Bitcoin surged past $70,000, driven by the largest short squeeze since March, with $431 million in liquidations accelerating the rise. This forced buying helped Bitcoin cross $65,000 smoothly, but sustaining the breakout depends on new demand as liqu...
XRP surged over 10% near $1.10 following Bitcoin's sharp 8% rise to $72,281, triggering more than $1 billion in Bitcoin short liquidations. This major short squeeze reflects renewed bullish momentum after months of decline. Amid this volatility, UE C...
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
Bitcoin's recent rally above $72,000 was driven by the U.S. Treasury doubling bond buybacks to $4 billion, which surprised markets and boosted liquidity. Economist and bitcoin critic Peter Schiff dismissed this surge as a temporary 'fakeout' rather t...
