Since the Federal Reserve's establishment in 1913, the US dollar has lost about 97% of its purchasing power due to inflation and major economic events. This decline has increased interest in Bitcoin, which offers a capped supply and potential protection against currency debasement despite its volatility. Bitcoin's price has surged over 59,000% since inception, with growing institutional adoption through US spot Bitcoin ETFs. While the dollar remains dominant globally, Bitcoin's future as a mainstream reserve asset depends on regulatory and market developments.
Bitcoin traded near $79,972, up 0.43% in 24 hours, with optimism for reaching $85,000 fueled by strong ETF inflows and bullish market sentiment. The global crypto market cap rose to $2.72 trillion, led by gains in Solana, Ethereum, XRP, and BNB. Key ...
The U.S. Treasury will start an active debt buyback program on Sept. 7, with operations potentially reaching $16.5 billion, aiming to improve market liquidity. This move has drawn attention from cryptocurrency traders as it could support rallies in B...
Zcash (ZEC) triggered $212 million in crypto liquidations on September 6, with $45.32 million in ZEC liquidations alone as its price jumped 15% to about $1,170. Most losses came from short positions, which accounted for $156 million of the total, ind...
Bitcoin reached a four-month high of $81,500 before consolidating, supported by $3.5 billion in August spot Bitcoin ETF inflows and $731 million on Sept. 3 alone. Bond market stress resumed with yields hitting 20-year highs, fueling a narrative of in...
Peter Brandt, a veteran analyst, has revived his 2019 logarithmic chart predicting Bitcoin's parabolic rise, coinciding with Bitcoin nearing $80,000 and testing resistance at $82,000. His model, originally forecasting $100,000 when Bitcoin was around...
