Bitcoin ended the week on a high note, reaching over $105, 000 right before Donald Trump's second-term inauguration. At the start, it was slumping, dipping below $90, 000 due to Fed interest rate concerns. Inflation data on Wednesday showed a rise, which raised hopes for another Fed rate cut. Bitcoi
Bitcoin's price jumped on Friday, following reports that President-elect Donald Trump might issue an executive order to prioritize cryptocurrency. This comes after a Bloomberg report suggested Trump could form a crypto advisory council, giving the industry a voice in his administration. Shares of Co
As the world gets ready for a new president, Bitcoin fans are hoping for a big year. One top expert from BlackRock believes that changes in laws could really boost Bitcoin. Samara Cohen, who leads the team handling Bitcoin at BlackRock, thinks that new laws will help Bitcoin reach new heights. She m
Cryptocurrencies surged Thursday, with investors flocking to smaller, higher-risk coins in anticipation of President-elect Donald Trump's inauguration. XRP and litecoin led the charge, with gains of 11% and 20% respectively, as per Coin Metrics. The CoinDesk 20 index, a broad market benchmark, rose
President-elect Donald Trump is set to make big moves in the crypto world on his first day in office. A source close to his transition team revealed that he might tackle two key issues: debanking and the repeal of a policy called SAB121. This policy forces banks to count digital assets as liabilitie
Bitcoin has made a comeback, nearing the $100, 000 mark. This jump happened after recent inflation reports showed a slowdown, and the stock market started to rebound. On Wednesday, the top cryptocurrency was trading at $99, 442, which is a 3. 5% increase from previous days. Two days ago, Bitcoin hi
Cliff Asness, a big shot at AQR Capital Management, isn't buying into the crypto hype. He thinks bitcoin is nothing more than a bubble ready to pop. After bitcoin soared past $100, 000 following the November presidential election, Asness is skeptical. He believes crypto is only good for two things:
Bitcoin ETFs are celebrating their first birthday, and it's been quite a ride! With over $113 billion invested, these funds are breaking records. But what comes next? Experts believe the one-year mark could bring some selling pressure. Investors might cash out to avoid long-term capital gains and re
Bitcoin, the leading cryptocurrency, took a nosedive below $92, 000. This slide happens just days before Donald Trump's upcoming presidency. The coin had surged to a record high of over $106, 000 last month, buoyed by hopes of the Fed's final 2024 interest rate cut and Trump's influence on markets.
Bitcoin's price skyrocketed in 2024, but financial experts advise caution. They suggest keeping crypto investments, like Bitcoin, to just 5% of your portfolio due to its wild ups and downs. Some experts even think it's best to avoid crypto altogether. Why did Bitcoin's price jump? It was the top-per
