Standard Chartered said bitcoin's primary role in a portfolio is to hedge against risks to the traditional financial system.
Bitcoin (BTC) hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls. BTC/USD 1-hour chart with 200SMA.
TL;DR Gold surpassed $3,500 per ounce after renewed criticism from Trump toward Jerome Powell, triggering political tension and shaking the markets. The dollar continues to fall, Wall Street indexes closed in the red, and investors sought refuge in assets like physical gold. Bitcoin climbed above $90,000, and the crypto market posted a broad rebound.
The general crypto market has begun to experience bullish movements, and Bitcoin, the largest digital asset, surged briefly from $84,000 to the $88,400 threshold. As BTC's price undergoes a slight uptick, several areas of its market dynamics saw a notable increase, such as the Open Interest (OI).
The crypto market registered a notable uptick on Monday, getting off to a strong start to the new week. Price action remained subdued last weekend as Bitcoin (BTC) and other cryptocurrencies traded sideways.
Bitcoin (CRYPTO: BTC) on Tuesday surged past the $90,000 mark for a 2.5% daily gain, as experts point to its growing perception as a safe-haven asset akin to “digital gold” amid a weakening U.S. dollar and market volatility. What Happened: The rally, which saw Bitcoin hit a high of $90,480, coincides with gold reaching new highs and U.S. equities sliding to tariff-era lows, prompting analysts to reevaluate the cryptocurrency's role in portfolio diversification.
Bitcoin (BTC), the world's leading digital currency, is showing promise as it has regained dominance in the cryptocurrency space. According to CoinMarketCap data, Bitcoin Dominance (BTC.D) has hit 63.5% after its price skyrocketed by 3%.
BitGo, a major player in digital asset custody and infrastructure, announced it has integrated sBTC — Stacks' 1:1 programmable Bitcoin-backed asset. The move opens fresh avenues for institutional participation in decentralized finance.
The price of Bitcoin (BTC) has been above the moving average lines since the market rally on April 17.
Shiba Inu price continued to rally on Tuesday as both the stock and crypto markets posted modest recoveries. Shiba Inu (SHIB) climbed to $0.
Bitcoin is back above $90,000 for the first time since early March, bringing up the rest of the crypto market as stocks also rebound.
Metaplanet CEO Simon Gerovich announced the firm's ambitious goal to reach 10,000 BTC by the end of 2025, positioning the Japan-based company as a leading global Bitcoin treasury.
Bitcoin price has made a bold uptrend this week as it reclaims $90,000 for the first time in nearly two months. This rally has been attributed to a wide range of factors, including rising inflows to spot BTC ETFs, but one analyst has said that this pump might not last as it is simply driven
The cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with the aim of expanding the production of ASIC for Bitcoin mining and strengthening its self-mining operations. This happens at a time when competition in the sector is becoming increasingly fierce. This investment comes in a context where the hashrate of the Bitcoin network has reached unprecedented levels, putting pressure on the profit margins of miners.
Bloomberg's senior ETF analyst Eric Balchunas has drawn the community's attention to the fact that recently the stock market has been plummeting, while the world's pioneer cryptocurrency, Bitcoin, has been on a rise, heading to test the $90,000 price level.
The Bitcoin price broke through $90,000 on Tuesday, reaching its highest level since early March. And former BitMEX CEO Arthur Hayes believes this could be the last chance investors get to buy the benchmark crypto below the coveted $100,000 level.
Bitcoin (BTC) broke above the $90,000 mark for the first time since March 5, as momentum indicators flash increasingly bullish signals. The latest surge comes alongside a sharp rise in ADX, a bullish Ichimoku Cloud formation, and EMA alignment favoring continued upside.
Bitcoin, the leading cryptocurrency, has reclaimed the $90,000 level for the first time since March 7.
BTC's price is trading at a 6-week high as its market dominance continues expanding.
Bitcoin (BTC) still has a 125% upside potential in 2025, according to estimates by Standard Chartered.
U.S.-based Bitcoin ETFs recorded their strongest day of net inflows since late January, as crypto markets showed resilience over the Easter weekend. The post Bitcoin ETFs See Biggest Inflows Since January with $381M Boost Over Easter appeared first on Cryptonews.
Analysis of Bitcoin pointed to potential bearish continuation despite price hitting $89K.
Bitcoin (BTC) traders allocated more funds to long and short positions in a range between $87,000 and $90,000, leading to a rapid recovery of open interest.
The Japanese yen continued its strong surge against the U.S. dollar as investors embraced its role as a safe-haven asset. The USD/JPY exchange rate plunged to 139.92 on Tuesday, its lowest level since September last year and 11.
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport, a crypto financial services company founded by Bitdeer chairman Jihan Wu.
US-based Bitcoin exchange-traded funds (ETFs) experienced their largest single-day net inflow in nearly two months. As per the data, this is the highest daily inflow since January 30, when the funds attracted $588.1 million shortly after Bitcoin reached its all-time high.
Bitcoin (BTC) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.
Bitcoin surges past $89,000 amid dollar weakness and expectations of crypto-friendly SEC policies under new chairman Paul Atkins.
Bitcoin (CRYPTO: BTC) is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered‘s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial disruptions.
Bitcoin's (BTC) initial reaction to President Donald Trump's trade war spooked cryptocurrency investors enough to seemingly disprove the digital gold thesis and place BTC firmly in the same box as other risk assets.
Bitcoin quietly climbed to six-week highs, with analysts saying tariffs might be the unexpected catalyst behind its resilience.
Bitcoin's latest move toward $89,000 did not go unnoticed — and Michael Saylor made sure of that. The Strategy chairman, known for his minimal but pointed online presence, reacted with a simple post: "Bitcoin is Climbing," with an image of him in a suit scaling a cliff, and it resonated strongly with the current market context.
US Bitcoin ETFs saw $381M in inflows, outperforming equities as BTC remained stable above $80K during the Easter holiday.
Bitcoin's alignment with gold suggests its potential evolution into a stable asset class, enhancing its role in global financial systems. The post Bitcoin rally alongside gold fuels decoupling narrative appeared first on Crypto Briefing.
Bitcoin price is within touching distance of $90k, a level it last tested seven weeks ago. What are the odds it could sustain the upside?
The Bitcoin market has risen again in the past 24 hours, as we see a lot of money flowing away from the USD overall, and into just about anything else. At this point, the $90,000 barrier is going to attract a lot of attention.
With import levies as high as 46% and capital flowing to low-risk Bitcoin exposure via ETFs, miners are confronting a tightening squeeze on both cost and funding fronts.
This might be your last chance to buy Bitcoin below $100K, says Arthur Hayes, the co-founder of BitMEX. Hayes also hinted at an incoming treasury buyback, which might just be the catalyst Bitcoin needs.
Despite a significant move to the upside in recent days, futures traders are betting that the current Bitcoin (BTC) rally will continue.
is testing a key resistance level at the $88,000 level for a second day as the cryptocurrency adds to this week's gains while the stock market tries to recover from another sell-off.
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Some members of the bitcoin (BTC) mining industry are in the habit of routinely undervaluing mining rig shipments with the U.S. Customs and Border Protection (CBP) in order to reduce customs duties, multiple people familiar with the practice told CoinDesk.
Inflows to Bitcoin ETFs hit their highest level since January 30 Monday, with analysts pointing to macro tailwinds.
Former NBA player Scottie Pippen, who is into cryptocurrency now, has called on his X followers, drawing their attention to the world's largest cryptocurrency, Bitcoin.
The cryptocurrency market is buzzing with excitment as Bitcoin (BTC) eyes $90, Fartcoin (FARTCOIN) experiences a remarkable surge, and Bittensor (TAO) garners attention from industry leaders. Bitcoin, the flagship cryptocurrency, is on the verge of breaking the $90,000 mark, driven by a combination of technical indicators and macroeconomic factors.
Simon Gerovich said that, despite concerns over the company's share price, its goal is to "create long-term corporate value."
The head of research at crypto asset firm Galaxy Digital, Alex Thorn, believes the US government will add Bitcoin (BTC) to the Strategic Bitcoin Reserve (SBR).