Bitcoin's 30-day realized volatility has dropped to 42%, making it less volatile than South Korea's Kospi index (around 51%) and Pakistan's KSE 100 (also about 51%). This shift challenges Bitcoin's reputation as a highly turbulent asset. The increased volatility in South Korean and Pakistani stocks is largely due to energy shocks and rising oil prices amid geopolitical conflicts, while Bitcoin has remained stable between $65,000 and $75,000. The introduction of U.S. spot ETFs has boosted institutional investment in Bitcoin, reducing its price swings and reinforcing its appeal as a hedge during geopolitical turmoil.
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...
Elon Musk's net worth fell below $1 trillion after SpaceX's stock plunged about 40% from its peak, dropping the company's valuation from $2.9 trillion to under $1.6 trillion. The stock, which surged to $225 after its IPO, has fallen below its initial...
Bitcoin fell below $65,000 following Iran's rejection of renewed peace talks with the US, intensifying geopolitical risks. Despite former President Trump's claim that Iran sought a deal, Iran's Foreign Ministry confirmed no plans for negotiations, pr...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
