Bitcoin fell 1.3% to around $63,900 as markets reacted to rising oil prices driven by U.S.-Iran tensions and a recent selloff in Asian AI-related chip stocks. Other major cryptocurrencies like Ether, BNB, XRP, and Dogecoin also saw declines. Brent crude oil surged to a one-month high above $91 per barrel, reviving inflation concerns despite recent soft U.S. inflation data. The mixed market signals reflect ongoing geopolitical risks and tech sector volatility, keeping investors cautious.
Cryptocurrency markets display varied price changes with Bitcoin trading above $65,500, up 1.55%, and Ethereum near $1,900, up 1.66%. Several altcoins such as NEAR (+3.17%), PUMP (+20.89%), and DEXE (+7.81%) show significant gains, indicating selecti...
Bitcoin has been consolidating above $60,000 amid declining odds of a Federal Reserve rate hike in September. Large investors, or whales, have been accumulating BTC, adding over 20,000 tokens recently, signaling bullish sentiment. Technical indicator...
Anthony Scaramucci, founder of SkyBridge Capital, forecasts Bitcoin to rise through 2026, potentially reaching $70,000 to $75,000 by year-end despite a bear market and regulatory hurdles like the uncertain passage of the CLARITY Act in the U.S. He be...
Standard Chartered has reaffirmed its prediction that Bitcoin will hit $100,000 by the end of 2026, maintaining a positive outlook despite current market fluctuations. This forecast highlights potential significant gains for Bitcoin in the long term ...
Strategy increased its cash reserves by about $225 million to $3.225 billion by selling over 2.7 million common shares, while maintaining its bitcoin holdings at 843,775 BTC worth nearly $55 billion. This move supports liquidity and dividend payments...
