Trump taps Fed critic Kevin Warsh to succeed Jerome Powell
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“Our worst-case scenario assumes a decline to the $1.8 trillion to $2 trillion range, with an extension to 161.8% of the initial downward momentum in October-November,” Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments.
Marginally good news and big bitcoin purchases have yet to move the cryptocurrency in a meaningfully positive direction.
The world's top cryptocurrency could finally warm up this year.
To really get a sense of Bitcoin's long-term value and its daily ups and downs, you need to look at a mix of things.
How low can Bitcoin go?
"Money is leaving crypto instead of waiting on the sidelines: Normally, when traders sell Bitcoin or altcoins, that money stays in crypto as stablecoins. A falling stablecoin market cap shows that many investors are cashing out to fiat instead of preparing to buy dips," blockchain analytics firm Santiment said in an explainer post on X.
The CEO of Tether called the bunker ‘a James Bond kind of place.’
Canton (CC) defies crypto downturn with institutional adoption, strong technicals, and unique real-world asset utility driving bullish rally.
The bitcoin price rebounded above $90,000 as traders weigh the looming Fed rate decision. The Bitcoin price surged early Wednesday, reclaiming the $90,000 level as traders digested fresh macro signals and growing momentum around U.S. crypto regulation.
Six-month returns separate smart positioning from hopeful holding. Bitcoin trades at $87,861, down 2.41% this week and 30.4% below its $126,198 peak from four months ago. Analysts project it might reach $105,
Crypto investors are plowing money into Bitcoin ETFs, with the dozen or so exchange-traded funds holding the largest digital token taking in roughly $760 million on Tuesday. A Bitcoin fund from Fidelity made up the bulk of the draw, absorbing $351 million, as Bitcoin's price has been recovering, adding 10% since the start of the year.
Crypto greed and fear index is back to 16 (Extreme Fear) after briefly managing to come up to 26 (Fear) just earlier this week. Amid the panic, Binance has stepped up to address the future market volatilities with a new floor plan of sorts for Bitcoin (BTC). First, let's try to dig into what happened on Jan. 29, especially with King Crypto.