Bitcoin remains resilient above the $60,000 support level despite renewed macroeconomic fears triggered by geopolitical tensions and rising oil prices. Large investors, or whales, are increasing their long positions, contrasting with retail traders who remain bearish. However, Bitcoin's spot demand remains weak, indicating new supply isn't fully absorbed, making the market's next move dependent on whether demand improves. This dynamic suggests Bitcoin could either rebound strongly if whales continue accumulating and demand rises, or face a bull trap if demand stays low.
Bitcoin surged about 25% this week, reaching nearly $80,000 following the US Treasury's expansion of its long-term bond buyback program from $2 billion to $4 billion per operation. This move helped lower 30-year Treasury yields, easing pressure on ma...
Standard Chartered has revised its Bitcoin price target for the end of 2026, suggesting that the previous estimate of $100,000 may be too conservative. Bitcoin's recent surge to $76,844, driven by ETF inflows and short liquidations, has raised expect...
Cryptocurrency markets are experiencing mixed gains, with Bitcoin rising 6.6% to $78,277 and Ethereum up 5% to $2,489. Several altcoins show significant increases, including Bitcoin Cash (BCH) up 30.4%, Zcash (ZEC) up 24.1%, and AAVE up 19.9%. These ...
Cryptocurrency markets experienced notable gains with Bitcoin rising 6.4% to $77,338 and Ethereum up 4.2% to $2,427. Several altcoins showed significant increases, including BCH up 28.3%, ZEC up 21.2%, and PEPE surging 22.4%. These movements indicate...
Billionaire investor Ray Dalio supports Bitcoin and gold as hedges against the growing U.S. national debt, which has exceeded $40 trillion. He advises diversifying portfolios across strong financial countries and reducing exposure to debt assets like...
