Bitcoin/USD Coin Metrics
Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite
Mustafa Ciftci | Anadolu via Getty Images Bitcoin extended its rebound on Wednesday, hovering just below $100,000 after another encouraging inflation report fueled investors’ risk appetite. The price of the flagship cryptocurrency was last higher by more than 3% at $99,444.43, bringing its 2-day gain to about 7%, according to Coin Metrics. The CoinDesk 20 […]
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Crypto ETFs have big innovation opportunity in 2025, but demand may be weak
Omer Taha Cetin | Anadolu | Getty Images Crypto ETFs may be entering a year of innovation, with new funds and new approaches, but don’t expect demand to match what was seen in the first year of bitcoin ETFs. Bitcoin exchange-traded funds debuted a year ago and have been hailed as one of the most […]
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Bitcoin swings back above $97,000, in stunning reversal, as light inflation data stokes risk appetite
Jonathan Raa | Nurphoto | Getty Images Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 4.5% to $97,044.35, according to Coin Metrics, after sliding below the $90,000 support level to start the week. The broader crypto market, as […]
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Bitcoin accelerates its slide, falling to $90,000 to start the week
Bitcoin dropped to the $90,000 mark to start the week, extending weekend losses as investors continued to dump tech stocks. The price of the flagship cryptocurrency was last lower by 4% at $90,413.80, according to Coin Metrics, bringing its losses since Saturday to about 7%. Bitcoin lost 11% in the past week. Stock Chart IconStock […]
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What to expect from new crypto legislation on the crime prevention side of it
Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Kevin Wurm | Reuters With the levers of power in Washington, D.C., about to change hands, a raft of pro-crypto legislation is expected from Congress and the Trump administration. To date, there’s been […]
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Bitcoin soared in 2024. How much — if any — should you own?
A bitcoin ATM in Miami. Joe Raedle | Getty Images News | Getty Images Bitcoin prices soared in 2024. But you may want to tread with caution before euphoria leads you on a hasty buying spree. Bitcoin and other crypto should generally account for just a sliver of investor portfolios — generally no more than […]
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Bitcoin drops below $98,000 as Treasury yields pressure risk assets
Nicolas Economou | Nurphoto | Getty Images Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%. […]
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Cryptocurrencies rise to start the week, bitcoin jumps above $102,000
The photo illustration shows the Bitcoin cryptocurrency on November 12, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images The price of bitcoin leapt back above $100,000 to start the first full trading week of the new year. The flagship cryptocurrency was last higher by about 4% at $102,234, according to Coin […]
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MicroStrategy trades like a meme stock these days. What investors need to know
Investors have compared MicroStrategy to meme stocks in recent weeks as the data visualization and reporting platform piled into bitcoin at the end of last year, even as the cryptocurrency hit record after record. MicroStrategy, seen as a proxy for the price of bitcoin, benefited in the post-election bitcoin rally. Fueled by its five-year-old strategy […]
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Cryptocurrencies jump to start 2025, bitcoin rises back above $96,000
Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. Dado Ruvic | Reuters Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market. The price of bitcoin rose 2% to $96,711.71 Thursday, bringing its new year gain to about 3% when counting trading from […]
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