JPMorgan CEO Jamie Dimon described the ongoing stock bull market as a "little tsunami," highlighting its strong momentum but warning of underlying geopolitical risks involving Ukraine, Iran, Russia, and China. He acknowledged near-term economic supports like AI spending, low unemployment, and steady GDP growth but cautioned that market cycles will eventually turn, possibly within a year or more. Dimon's skepticism extends to Bitcoin, which trades near $64,000 amid pressure from expected Fed rate hikes, and he noted that about 20% of Bitcoin miners operate at a loss. His remarks suggest caution for investors as both stocks and crypto could face volatility if risks materialize.
Bitcoin is currently under selling pressure from institutions, but an AI-powered forecast from Finbold predicts a potential price increase to an average of $63,900 by July 1, representing a 2.54% rise from the current price of $62,230. This forecast ...
A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...
A high-frequency trader named 0x50b3 has opened a large 20x leveraged long position on 1,653.8 BTC, worth about $105.77 million, drawing market attention due to the trader's recent 93% win rate and $6 million in gains. Bitcoin is currently trading ne...
Bitcoin price fell to an intraday low of $62,560 following easing tensions between the U.S. and Iran, which triggered profit-taking across risk assets including crypto. Spot Bitcoin ETFs saw another $68 million in outflows, reflecting weak institutio...
Bitcoin's 50-week moving average is about to cross below its 100-week average, a bearish signal known as a "bear cross." Historically, this signal has marked the bottom of bear markets and preceded multi-year rallies. Despite the apparent bearishness...
