Bitcoin hit a new high of $107, 000 on Monday. Why the sudden boost? President-elect Donald Trump wants the U. S. to have a bitcoin strategic reserve. This is like the country's oil reserve but for digital currency. He hopes it will give the U. S. an edge in the global market. Also, MicroStrategy jo
You might have heard of a digital currency called XRP, created back in 2012 by the folks behind Ripple. Recently, it's been on a wild ride, jumping up by 370% since the U. S. election! That's way more than Bitcoin, which only climbed 46%, and other cryptocurrencies in the CoinDesk 20 index, which we
You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no
You know how a big event like COVID-19 can shake up everything? Well, it certainly shook up the crypto market. Researchers checked out the top ten cryptocurrencies before and during the pandemic and found that volatility really spiked once COVID-19 arrived. Bitcoin and Ethereum were big shots even b
Bitcoin, the top cryptocurrency, has dropped back below $93, 000. This downturn comes after a brief rally following Donald Trump's re-election. The price peaked at $98, 000 last week but suffered a setback, declining by over 6% in the last 24 hours. This reversal has put a temporary halt on hopes of
Bitcoin is zooming towards $100, 000, but don't expect it to fly there forever without a hiccup, warns Michael Novogratz, CEO of Galaxy Digital. The crypto king was trading near $97, 000 on Thursday, after hitting an all-time high of almost $98, 400. Novogratz thinks this milestone was bound to happ
Bitcoin has been sitting pretty at $90, 000, thanks to the recent election excitement. But analysts think the market might take a break from its upward sprint this week. After all, every roller coaster needs to slow down sometimes. So, what could be next for the crypto world? Let's take a closer loo
In a surprising turn of events, Donald Trump's recent presidential victory sent the crypto market into a frenzy. Bitcoin and other cryptocurrencies, like Ethereum and Solana, saw their values soar. Investors poured cash into these digital assets, hoping Trump's business-friendly approach would boost
Since Donald Trump's election victory, bitcoin prices have been on a rollercoaster ride, hitting an all-time high of over $93, 000 before dipping below $88, 000. Investors are wondering how to navigate this volatile market. Experts like Matt Bartolini from State Street Global Advisors suggest that u
Bitcoin is approaching $90, 000, a new record high, as the crypto market surges beyond its pandemic peak. This surge comes after President-elect Donald Trump vowed to ease crypto regulations and strengthen US mining. The largest cryptocurrency, Bitcoin, has jumped 32% since the election, trading aro
