Bitcoin surged past $64,000, approaching $65,000 resistance, prompting skeptic Peter Schiff to urge holders to sell before potential declines. Schiff, a longtime Bitcoin critic, favors gold and silver, which are also rising. The rally is supported by Goldman Sachs' view that a September Federal Reserve rate hike is unlikely due to weak economic data, boosting risk assets like Bitcoin. The key resistance at $65,000 will depend on upcoming inflation reports and Fed decisions.
Tom Lee of BitMine highlights that the ETH/BTC ratio has broken above a long-term downtrend, signaling rising market demand for Ethereum over Bitcoin. This shift is attributed to growing interest in tokenization and agentic AI applications, which ben...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
The S&P 500 fell 0.52% on Monday, retreating from recent record highs, while Bitcoin surged over 2% to surpass $64,000. Investors are cautious ahead of the Federal Reserve's July meeting minutes due Wednesday, which could signal future rate hikes or ...
Fundstrat Global Advisors predicts Bitcoin will experience significant price swings of 30% or more, continuing its history of volatility. The firm’s co-founder Tom Lee sets a long-term price target between $200,000 and $250,000 by 2026, while near-te...
Capital B has steadily increased its Bitcoin treasury to over 3,145 BTC by making small, incremental purchases rather than large one-time buys. This cautious strategy helps manage market volatility and reflects confidence in Bitcoin's long-term value...
