Bitcoin surged past $81,000 during Asian trading, marking its highest level since January and a weekly gain over 5%. This breakout reflects renewed strength in the crypto market despite geopolitical tensions and rising oil prices. Options market activity shows traders favoring bullish call ratio strategies, indicating confidence in gradual price increases. Bitcoin's next moves may hinge on upcoming economic data, but current momentum suggests continued upside potential.
Bitcoin is at a critical point, with analysts predicting two main scenarios tied to the Clarity Act. If the Act passes, Bitcoin could rally to $75,000 or higher, supported by strong buying above $60,000 and breaking resistance near $70,000. If reject...
Bitcoin's price has fallen to around $63,274, down 3.11%, breaking below a key rising wedge pattern and signaling bearish dominance unless it quickly recovers. Trading volume surged 75% during the selloff, indicating strong selling pressure. The $63K...
Macro investor Raoul Pal highlighted that Bitcoin and the Nasdaq Composite are primarily influenced by global liquidity rather than daily earnings reports or news. Bitcoin shows an 87% correlation to global liquidity, while Nasdaq's correlation is 97...
Bitcoin's price dropped to around $63,000 following AT&T's breakthrough in quantum computing, which cut a complex network task from one hour to 15 seconds using D-Wave technology. This advancement shortens the timeline to 'Q-Day,' when current blockc...
Bitcoin fell 2.7% to about $63,200 following a sharp sell-off in Asian equity markets, notably Korea's Kospi which dropped over 10%. The tech sector was pressured by worries over AI infrastructure investments exceeding $750 billion, causing Nvidia sh...
