What’s the reason for Bitcoin’s slide back to $66,000?
Prediction markets and CME Group’s FedWatch tool have effectively ruled out a rate cut later this year.
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Prediction markets and CME Group’s FedWatch tool have effectively ruled out a rate cut later this year.
Institutional investors inject $86 billion into Bitcoin market in 6 months, signaling mainstream adoption. Despite recent surge, market enters consolidation phase with profit-taking activities.
Keep this in mind when turmoil intensifies and the narrative of Bitcoin as a currency begins to form.
BTC, crypto market, after BTC exceeded 60,000 US dollars, the return rate in February hit an 11-year high. What will happen in March? Golden Finance, March may become the red month for BTC.
Bitcoin surges past $57,000, driving record trading in US Bitcoin ETFs, signaling institutional interest, despite traditional market indicators.
Scott Melker believes that during the last halving cycle, the price of Bitcoin rose from a high of $20,000 to a high of $69,000, an appreciation of 250.86%. If a similar trend emerges, “Bitcoin will be at $240,000.”
The most far-reaching impact of ETF's drive to institutionalize Bitcoin is that it will be extremely difficult for the United States to ban the digital asset, allowing Bitcoin to permanently drive the evolution of how money fundamentally operates.
Bitcoin, along with the majority of the crypto market, hasn’t always been friends with the month of September.
The Human Rights Foundation (HRF) has announced its most recent round of donations, which total $325,000 in BTC and are focused on supporting important components of the Bitcoin ecosystem.
Bears took a hefty swing at BTC price on April 4, but traders say on-chain and technical analysis data point toward a short-lived correction where investors choose to accumulate on each dip.