In what some would consider an unexpected move, Brad Garlinghouse, CEO of digital asset firm Ripple Labs and majority holder of the XRP cryptocurrency, cleared the air about his position on bitcoin ( BTC). “I first bought bitcoin in 2012 coming out of an event when I was first introduced to it,” Garlinghouse explained.
Bitcoin (BTC) has surged nearly 4% in the past 24 hours amid the ongoing volatility. As the price retests the $85,000 resistance, some analysts suggest a jump to $90,000 could be around the corner.
Heading into 2025, many top cryptocurrencies were soaring in value -- and for good reason. The incoming Trump administration positioned itself as the most pro-crypto administration in history.
If Bitcoin manages to sustain above the key Fibonacci levels, a push toward $90,000 and beyond could be imminent.
XRP jumped as high as 12% before paring gains, as closely-related Ripple Labs ended its long-standing battle with the U.S. Securities and Exchange Commission (SEC), stating Wednesday that the case had “come to an end.”
The Federal Open Market Committee's (FOMC) decision to keep interest rates unchanged at its March 19 meeting has had a positive effect on crypto markets. Bitcoin (BTC) surged by 3% in the last 24 hours, while Ethereum (ETH) and XRP recorded gains of 3.9% and 7% in the same period, respectively.
The US Dollar Index (DXY) fell following the latest Federal Open Market Committee (FOMC) meeting. This turnout triggered discussions about its implications for Bitcoin (BTC) and broader liquidity conditions.
Bitcoin (BTC) rose 5.01% on Wednesday, setting up the daily high at $86,990, ending weeks of consolidation. However, futures data for BTC and liquidation heatmap models suggest this uptrend could come undone soon.
The Fed retained forecast for two rate cuts Wednesday, with Powell calling the inflationary impact of Trump's tariffs transitory.
Bitcoin (BTC) spiked to two-week highs on March 20 amid rumors that the US government was preparing a “major update” to its crypto policy. BTC/USD 4-hour chart.
The co-founders of the crypto analytics platform Glassnode believe that for Bitcoin (BTC) to enter a strong uptrend, key metrics need to align.
Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes.On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data. “Was BTC $77k the bottom, prob,” Hayes said in a March 20 X post after declaring that QT is “basically over” following the Fed's March 19 announcement that starting in April, it will slow its securities sell-off by reducing the monthly Treasury cap from $25 billion to $5 billion.
Bitcoin jumped nearly 8% to $87,470 after the Federal Reserve's latest policy decision. Here are five key takeaways on how the Fed's stance may impact BTC's price and institutional demand.
Elections are on the horizon in Canada, and they could be important for everyone!
The cryptocurrency market was in the green on Thursday as investors cheered the Federal Reserve's comments at its latest policy meeting. The crypto market surged on Wednesday after the Federal Reserve kept interest rates unchanged at 4.25% to 4.50%, with projections still pointing to two 50-basis-point cuts in 2025.
Bitcoin price has surged 3.5% following Wednesday's FOMC meeting as the US Federal Reserve keeps rates unchanged at 4.5%. However, Arthur Hayes predicts that the Fed rate cuts would likely resume from April 1, which could bode well for BTC and the overall crypto market, moving ahead.
In an interview with Yahoo Finance, Robbie Mitchnick—Global Head of Digital Assets at BlackRock—addressed Bitcoin's recent stagnation and shared why he believes institutional demand may be stronger than its price implies.
BlackRock's head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think. “I don't know if we'll have a recession or not, but a recession would be a big catalyst for Bitcoin,” Mitchnick said in a March 19 interview with Yahoo Finance.
Bitcoin's long-term holders have resumed accumulation in what is a notable shift in investor sentiment despite the turbulence that has gripped the market in recent weeks. Particularly, data from on-chain analytics platform Glassnode shows that the “BTC: Long-term holder net position change” metric has flipped positive for the first time this year.
Bitcoin has rallied as the Fed eases balance sheet reduction, fueling risk appetite amid shifting global liquidity conditions.
Xapo Bank announced a new loan service that lets customers use their Bitcoin as collateral, marking another step in cryptocurrency's move toward mainstream financial services. The service allows qualified members to borrow up to $1 million against their Bitcoin holdings, though UK and Australian clients are excluded.
On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here's what this could mean for BTC's price.
Bitcoin reached an intraday high of $87,470 at 8 p.m. ET on Wednesday, March 19, 2025, amid heightened market optimism driven by political, regulatory, and macroeconomic factors. Bitcoin Bulls Return The leading cryptocurrency briefly touched the milestone during a volatile trading session, with real-time data showing bitcoin hovering around $87,357 at 8:08 p.m.
XRP jumps after the SEC's appeal withdrawal, but legal uncertainty remains. Will Ripple pursue a cross-appeal, or is a settlement the next step?
A Czech National Bank board member has raised doubts on bitcoin as a reserve asset, citing legal uncertainty and volatility risks, even as it explores new asset classes.
Michael Saylor, a well-known Bitcoin advocate, recently made headlines at the Crypto Summit with a bold proposal: the United States should acquire between 5% and 25% of the total Bitcoin supply. This idea has sparked heated debates within both the crypto and traditional finance sectors.
Bitcoin (BTC) is back in the green, and MicroStrategy cofounder Michael Saylor has once again made waves with a bold statement. In a two-word tweet, Try BTC, Saylor shared a chart showing the U.S. dollar strengthening against the Turkish lira, reinforcing Bitcoins role as a hedge against currency devaluation.
Bitcoin (BTC) saw a sudden price surge today, climbing 1.5% to reclaim the $84,000 level. The timing is noteworthy, as this rally coincides with FOMC day, fueling optimism among traders.
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday, marking the second consecutive pause after three rate cuts in late 2024. However, the Feds latest projections signal weaker economic growth, with 2025 GDP now expected to rise just 1.7%, down from the previous 2.1% forecast.
Does this indicate weak institutional demand, or is the market misreading Solana's long-term potential?
President Donald Trump will address Blockworks' Digital Asset Summit (DAS) in New York City on March 20. This marks the first time a sitting U.S. president has spoken at a Bitcoin and cryptocurrency conference.
BlackRock executive Robert Mitchnick argued that Bitcoin has acquired a reputation as a risky investment due heavily to the cryptocurrency industry's messaging on the asset.
Bitcoin's corrective phase set a four-month low at $76,600 on March 11. Despite this decline, long-term holders have continued to hold large amounts of BTC, suggesting a “unique market dynamic moving forward,” new research says.
Bitcoin price surged by 4% on Wednesday, hitting a 10-day peak . This rally follows three consecutive days of substantial Bitcoin ETF inflows, totaling $512 million.
Institutional investment in Bitcoin (BTC) has strengthened, but its price has struggled to reflect the growing demand, according to BlackRock's Global Head of Digital Assets, Robbie Mitchnick. Despite continued adoption by large financial players, Bitcoin has experienced significant ETF outflows and cautious sentiment in early 2025, which have kept prices below previous highs.
Bitcoin struggles below $85K while gold surges to record highs. Institutional investors accumulate BTC, but is crypto losing ground to gold? The post Bitcoin Crashes While Gold Runs Hot – Are Investors Abandoning BTC? appeared first on Cryptonews.
Analyst Sam Price dismisses peak claims, citing strong macro indicators like the Pi Cycle Indicator and hidden bullish divergence. Bitcoin's RSI, Fear & Greed Index, and Fibonacci levels suggest the market is near a bottom, not a top.
A closely followed crypto analyst says that Bitcoin (BTC) and Ethereum (ETH) may have reached a local market bottom.
Czech National Bank board member Jan Kubicek is "skeptical" regarding adding Bitcoin to the bank's substantial reserves.
Here's how crypto community reacted to Strategy's latest stock issuance plan.
Bitcoin, the crypto market, and U.S. equities have faced significant volatility and selling pressure in recent weeks as macroeconomic uncertainty and chaotic foreign policies from U.S. President Donald Trump continue to shake investor confidence. Rising tariffs and aggressive economic measures have added further instability, fueling speculation about a potential bear market in the coming months.
Bitcoin (BTC) is showing signs of a potential turnaround despite recent volatility, as key on-chain indicators and institutional flows point to improving sentiment. The Mayer Multiple remains below 1, hinting at undervaluation.
Today, March 20, 2025, Bitcoin (BTC), the world's largest cryptocurrency, appears to be shifting from its prolonged consolidation to massive upside momentum. The Fed's decision to hold interest rates steady during the March FOMC meeting has pushed BTC above a crucial level.
Bitcoin (BTC) reclaimed the $85,000 threshold following the Federal Open Market Committee (FOMC) median forecast of 50 basis-point cuts in interest rates in 2025. In addition to signaling potential rate cuts, the Federal Reserve announced plans to slow the pace of its balance sheet runoff, also known as quantitative tightening (QT), beginning April 1.
Bitcoin, Ethereum and XRP gain slightly on Wednesday as traders gear for the U.S. FOMC rate decision at 2 PM ET. Unlike previous bear markets, traders are seeing shorter bear cycles followed by sharp price rallies.
Gold continues to be the star of the cycle, jumping to a new record above $3,050 per ounce.
Bitcoin, Ethereum, and other top coins shot up alongside stocks after Fed Chair Jerome Powell gave a calming outlook on the U.S. economy.