Solana/USD Coin Metrics
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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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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XRP is the biggest winner of the Trump trade but investors are split on how far its rally can run
There’s been no bigger beneficiary of President-elect Trump’s pro-crypto promises than one of the oldest and most contentious names in crypto: the digital currency known as XRP . Since the election, the cryptocurrency has surged 370%, while bitcoin has climbed 46% and the broader crypto market, as measured by the CoinDesk 20 index, has gained […]
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Wall Street launches new ways to bet on bitcoin
For years, bitcoin won by being boring. Investors weren’t able to do all that much with it besides buy and hold it. But that was precisely why the world’s largest cryptocurrency was valuable. It was a commodity, like gold — or corn. It didn’t get too fancy on its offerings. In fact, bitcoin’s core team […]
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The case for altcoins and memes as bitcoin, now approaching $100,000, faces a potential correction
With bitcoin closing in slowly on $100,000 this week, the crypto market saw a big rotation into other cryptocurrencies, or “altcoins” on Thursday following the resignation announcement of Gary Gensler , the current chair of the Securities and Exchange Commission whose regulation-by-enforcement approach to crypto has made him a villain to the industry. There are […]
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Bitcoin climbs above $91,000 for the first time as investors digest postelection gains, inflation data
Bitcoin rose above $91,000 for the first time on Wednesday, adding to its postelection rally, as traders pored through October inflation data Wednesday. The price of the flagship cryptocurrency was last higher by more than 2% at $91,705. At one point it briefly rose to a fresh record of $92,066.16. Traders were digesting the most recent […]
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Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
Jakub Porzycki | Nurphoto | Getty Images Bitcoin reached a fresh all-time high near $81,000 and futures premiums soared, in a clear sign that investors believe the record-run in the world’s largest cryptocurrency is poised for even more gains on the back of U.S. elections that saw a swell of pro-crypto candidates win office. Open […]
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Cryptocurrencies little changed as investors brace for U.S. presidential election, bitcoin hovers below $69,000
Bitcoin and USA flag on a cracked wall. Ruma Aktar | Istock | Getty Images Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election. Bitcoin rose 1.9% to $68,783.69, according to Coin Metrics. It’s sitting 7% below its all-time high, after coming within spitting distance of it last week. […]
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Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Roslan Rahman | AFP | Getty Images Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half percentage point reduction in interest rates, the first in more than four years. The price of bitcoin was recently higher by 3.5% at $62,417.48, according to Coin Metrics, building […]
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