Category

Trump's tariffs send shockwaves through global markets, dragging down Bitcoin priceThe Trump administration's imposition of tariffs on Canada and Mexico triggered risk-averse sentiment in global markets, leading to a decline in the price of Bitcoin and other cryptocurrencies. Naeem Aslam, an analyst at Zaye Capital Markets, noted that the announcement sent shockwaves through the market as it signaled further potential disruptions to global trade and supply chains

Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes

Crypto Market Weekly Analysis: BTC Breaks Through $70,000, ETH and SOL Await BreakoutThis week's crypto market saw a divergent trend. BTC surged past $70,000, showcasing a strong bullish momentum, while ETH, SOL, and others exhibited relative weakness, searching for new breakout directions

Can Bitcoin Break Through $400,000? Deciphering the Key Factors Influencing its Price TrajectoryWhether Bitcoin can break through the $400,000 mark is a question that has garnered significant attention, but the answer is not set in stone. Its price movement is influenced by numerous factors, including both positive catalysts and potential risks

Bitcoin Breaks $70,000: Real Breakthrough or a Trap?Bitcoin's surge to $73,000 in the last three days of October has undoubtedly sparked excitement. I had predicted this breakthrough in early October based on the monthly chart, which signifies the overall trend of the bull market

Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its FateDespite the recent surge in Bitcoin's price, its ability to break through the $70,000 mark remains uncertain. While the Fed's rate cuts have boosted investor risk appetite, a confluence of four critical factors is needed to propel Bitcoin's price to that level

The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key2024 is already halfway through, and for the crypto market, it has undoubtedly been a good year. From the debut of the first Bitcoin ETF launched in January to the long-awaited fourth Bitcoin halving in April, and the newly approved Ethereum ETFs soon to begin trading, the crypto market is experiencing a surge

Bitcoin Breaks Through $72,000, Crypto Market Experiences Strong SurgeOver the past half-month, Bitcoin has been in a volatile upward trend. In the early hours of October 30th, Bitcoin surged to $73,620, nearing the high of over $73,700 reached in March this year

Bitcoin Hits New Highs, Breaks Through $70,000 Mark, Fed Rate Cuts and ETF Inflows Key DriversBitcoin is surging towards its all-time high. On October 30th, Bitcoin firmly established itself above the $70,000 mark, briefly touching $73,000, nearing its historical peak

Bitcoin Breaks Through $73,000 Mark Amidst Rising Market Sentiment Ahead of US ElectionBitcoin surged to a new high on Tuesday, breaking through the $73,000 mark, as it exhibited a strong upward trend fueled by growing market optimism in the run-up to the US election. According to CoinMetrics, Bitcoin's price increased by 3

Bitcoin breaks through $70,000 again, how far can the rally go?Bitcoin has hit the $70,000 mark again after four months. On Tuesday, October 29, following the opening of the US stock market, Bitcoin broke through the key resistance level of $70,000 for the first time since June 7, surging by 4

Bitcoin hits new all-time high, breaking through the $71,000 markBitcoin prices continue to rise, having broken through the $71,000 mark and currently trading at $71,346. In the past 24 hours, Bitcoin prices have risen by approximately 2