Bitcoin/USD Coin Metrics
Bitcoin is expected to rally further. Here’s how the pros are investing
Bitcoin had an eventful week. The cryptocurrency surged past the $120,000 threshold for the very first time on Monday as crypto investors anticipated U.S. legislation that could could boost institutional demand. Bitcoin rose over 3% to a record high of $123,153.22 on Monday , but has since lost some steam. It was seen up 1.08% […]
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Asia-Pacific markets mostly fall as investors assess Japan’s trade data and Trump’s plans for Powell
Singapore stocks extend rally to hit fresh all-time highs Singapore’s 30-stock benchmark Straits Times Index extended its winning run for a ninth consecutive day, hitting a fresh all-time high of 4,154.13 earlier in the session. Stock Chart IconStock chart icon Straits Times Index Chinese and Hong Kong stocks rise in early trade Chinese and Hong […]
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CNBC Daily Open: U.S. producer prices are flat — but they don’t factor in imports
A worker arc welds a metal door at the Metal Manufacturing Co. facility in Sacramento, California, U.S., on Tuesday, May 27, 2025. David Paul Morris | Bloomberg | Getty Images No one likes being the person who goes “but actually…”. Sometimes, however, it is necessary. The U.S. producer price index in June was flat, meaning […]
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Ether is starting to outperform bitcoin – and further gains could be ahead for the crypto, charts show
Ether continues to demonstrate notable strength, both on an absolute basis and relative to bitcoin , which suggests that its recent up-move could kickstart further gains. First, on this daily chart, it’s clear that ETH finally has broken out of a bullish inverse head-and-shoulders pattern, a technical formation that has been under construction for most […]
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Crypto bounces on renewed optimism House could pass key stablecoin legislation this week
Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by 2% at $119,114.79, according to Coin Metrics, while ether rose 3% to $3,156. Shares of stablecoin […]
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Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote
Bitcoin fell below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives. The price of bitcoin was last down 2.8% at $116,516.00, according to Coin Metrics. That marks a pullback from the day’s high of $120,481.86. Stock Chart IconStock chart icon Bitcoin/USD Coin Metrics, 1-day The drop comes on […]
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Bitcoin is nearly double where it was a year ago. This is what’s behind the run
Bitcoin traded around $116,000 on Tuesday, falling back from a historic surge that briefly sent the world’s largest cryptocurrency past $123,000 for the first time. Even with the pullback, the cryptocurrency is still trading at nearly twice its level from a year ago. Unlike previous cycles, the record run isn’t being driven by retail mania […]
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