Gold Is Still the Safe-Haven King, While Bitcoin Loses Out: JP Morgan
JP Morgan analysts said in a report Thursday that investors are choosing gold over Bitcoin in a bid to find a safe haven amid volatility.
Keep up with what's happening in the crypto world in real-time.
JP Morgan analysts said in a report Thursday that investors are choosing gold over Bitcoin in a bid to find a safe haven amid volatility.
Julio Moreno, the Head of Research at CryptoQuant, stated in his recent X post that, as of 2025 to date, Bitcoin exchange-traded funds (ETFs) have shown a strong trend.
Gary Gensler claims cryptocurrencies run on pure sentiment while making an exception for Bitcoin's staying power.
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Google search volume for “Bitcoin” for the month of March 2025 stood at 34, its highest level so far in 2025.
The latest US initial jobless claims data came at 215,000, below the estimated expectation of 225,000, on April 17. The dip in jobless claims indicated that the US labor market remained stable, with fewer people being affected by the uncertainty of US tariffs.
Cryptocurrencies are trading slightly up on Thursday as traditional financial markets closed out a low-volatility week. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,070 +0.9% Ethereum (CRYPTO: ETH) $1,585 +0.6% Solana (CRYPTO: SOL) $134.8 +2.2% XRP (CRYPTO: XRP) $2.07 -1.0% Dogecoin (CRYPTO: DOGE) $0.1565 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001177 +0.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 21% and daily active addresses falling by 1.6%.
Jurrien Timmer, director of global macro at Fidelity, has compared Bitcoin to Dr Jekyll and Mr Hyde, the central characters of the famous gothic horror novella written by Scottish novelist Robert Louis Stevenson.
Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors.
The world's largest crypto exchange, Binance, is reportedly engaging several countries in a plan to create a strategic Bitcoin reserve. According to The Financial Times, the exchange CEO, Richard Teng, disclosed this in a recent interview.
Key points: Monetary stimulus in China and Europe increases investors' focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens.
Leading U.S. crypto exchange Coinbase has just been hit with a massive Bitcoin inflow totaling over $130 million, sparking fresh speculation around possible whale activity and market shifts. The movement was flagged by blockchain monitoring platform Whale Alert, which tracked two consecutive BTC transfers on April 17.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on Solana (SOL) while updating his outlook on Bitcoin (BTC) and Ethereum (ETH).
As ETFs scoop up Bitcoin and replace weak hands, could the $80K zone be the launchpad for BTC's next breakout?
Bitcoin futures market shows caution from institutional investors, while retail traders adopt a different approach.
A Bitcoin bounty worth nearly $85,000 has been offered to test if quantum computers can break the blockchain's core encryption.
Project 11, a quantum computing research company, announced a competition titled the Q-Day Prize on April 16, 2025.
Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators.
On today's episode of CNBC Crypto World, bitcoin wrestles with $85,000 on Wall Street's last trading day of the week. Also, Trump family-backed World Liberty Financial receives a $25 million investment from United Arab Emirates-based market maker DWF Labs.
Is this the calm before the storm?
After persistent bearish pressure on Wednesday, Bitcoin's price witnessed a brief upward move to the $85,000 threshold as buying interest slowly increased. Despite waning price movements, key metrics like the Bitcoin Coinbase Premium Index have started to improve as it moves closer to positive territory.
The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison.
Panama City has adopted crypto-based tax payments following a city council vote this week, signaling growing momentum for integrating digital assets into public services. Panama joins a growing list of jurisdictions globally that have voted to accept such payments.
Former Securities and Exchange Commission (SEC) head Gary Gensler said that bitcoin can continue to exist and thrive for a long time. However, he emphasized — most altcoins have no such prospect due to the lack of a solid foundation.