Citigroup has revised its cryptocurrency price targets downward, reducing its Bitcoin target from $112,000 to $82,000 and its Ethereum target from $3,175 to $2,240. Additionally, the bank has eliminated its assumptions for ETF inflows, signaling a more cautious outlook on crypto investment demand. This adjustment reflects changing market conditions and could influence investor sentiment and strategies in the crypto space going forward.
Cryptocurrency markets experienced varied price changes, with Bitcoin increasing by 2.5% to $61,637 and Ethereum gaining 4.56% to $1,694.92. Other notable gains include ZEC up 6.28%, UNI surging 16.53%, and M rising 44.40%. These fluctuations reflect...
Bitcoin surged past $60,000 following MetaPlanet's purchase of 2,823 BTC worth $170 million, boosting market confidence and trading volumes. This large buy triggered a short squeeze and increased trading activity, suggesting potential for further gai...
Delphi Digital has introduced a free Options Dashboard that aggregates institutional-grade data on Bitcoin, Ethereum, Solana, and Hyperliquid (HYPE) options from five major exchanges. The tool offers volatility metrics, skew data, dealer gamma walls,...
Bitcoin surged more than 4% to briefly surpass $62,000 following a weaker-than-expected U.S. jobs report that lowered market expectations for further Federal Reserve rate hikes this year. The U.S. economy added only 57,000 jobs in June, well below fo...
Bitcoin's next halving event, which cuts miner rewards by 50%, is now fewer than 100,000 blocks away, with about 93,638 blocks remaining. This milestone suggests the halving could occur around April 12, 2028. Bitcoin's circulating supply is nearing i...
