Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite
Bitcoin extended its rebound on Wednesday, hovering below the $100,000 after another encouraging inflation report stirred risk-on appetite.
Bitcoin approaches $100,000 on the heels of newly-released inflation data
On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 mark, driven by new inflation data. Minutes after the U.S. Bureau of Labor Statistics unveiled new data from the Consumer Price Index, bitcoin’s price jumped by $1,500, representing a 2% price improvement for the day.
Bitcoin jumps above $96,000 as improving inflation data pauses crypto sell-off
Crypto prices are stuck in a tug of war between investors' concerns about rising inflation under the incoming administration of Donald Trump and optimism over the president-elect'
Bitcoin swings back above $96,000, in stunning reversal, as light inflation data stokes risk appetite
Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 4% to $96,676.94, according to Coin Metrics,
Bitcoin bounces back near $100,000, joining stocks in rallying on inflation data
Bitcoin has surged back to almost $100,000 as key inflation reports show a slowdown, and the stock market is rebounding. The top cryptocurrency is trading at $99,442, representing an increase of 3.5% on Wednesday.
Bitcoin Takes Cue From Tech Stocks While Correlation Increases
The correlation between Bitcoin and a gauge of US technology stocks has hit a two-year high, as the equity market’s reaction ...
Bitcoin Price Surges After Leak Reveals Imminent Trump Game-Changer—$100 Trillion Predicted
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on ...
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Why Hundreds of Companies Will Buy Bitcoin in 2025
Bitwise CIO Matt Hougan predicts a treasury revolution, forecasting hundreds of companies to buy Bitcoin as a reserve asset ...
Why Bitcoin’s volatility could be the key to its long-term success
Bitcoin 's recent volatility has sparked both curiosity and concern, with proponents arguing that its unique blend of ...
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Bitcoin nears $100K as CPI data shows signs of cooling
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Bitcoin Price Today: Why Has the Cryptocurrency Fallen? What We Know So Far
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
Will Corporate America Put Bitcoin on Its Balance Sheets?
Whether bitcoin (or other cryptocurrency) significantly becomes a treasury asset for many of the world's businesses and ...
Why investors are lending MicroStrategy billions of dollars at 0% interest so it can buy bitcoin
If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for ...
Bitcoin could fall 17% from current levels once this key support level is breached, Standard Chartered says
That would happen if the flagship token breaks below the $90,000 mark, and the risks of this are real, Standard Chartered ...
The Case For Bitcoin’s Ossification
Bitcoin developers are once again debating ossification versus innovation in the protocol. This debate has waged for years, ...
Crypto Hedge Funds Had Great 2024, But Failed to Top Bitcoin
During a great year for cryptocurrencies, hedge funds focused on digital assets unsurprisingly did very well, too. It’s just ...