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
Bitcoin investors are facing some tough decisions. President Trump's plans might not be as crypto-friendly as everyone thought. After a strong rally, the price of Bitcoin is dropping. Why? It's all about the dollar and uncertainty. Strong dollar, higher rates, and sudden changes in trade policies ar
Bitcoin has dipped below $100, 000, dropping over 5% in just 24 hours. The sudden fall isn't just about Bitcoin; other major cryptocurrencies like Ether, Cardano, Solana, and Dogecoin have also taken hits, some as high as 13%. What's causing this crypto crash? A stronger U. S. dollar is one key fact
Bitcoin, the leading cryptocurrency, celebrates its 16th birthday this year. It all started on January 3, 2009, when Satoshi Nakamoto, the credited creator, mined the first Bitcoin block. This event followed the release of the Bitcoin whitepaper in October 2008. The whitepaper laid the groundwork fo
Bitcoin, the most well-known cryptocurrency, could reach a whopping $185, 000 by the end of 2025, according to a recent report from Galaxy Research. This report follows Bitcoin's historical price surge in 2024. Another firm, VanEck, also expects Bitcoin to increase by more than half of its current v
Bitcoin took a dive below $92, 000 on Friday morning, rebounding slightly to $94, 104. 06. This drop follows the Federal Reserve’s signal that they’ll slow down interest rate cuts in 2025. Over the past day, Bitcoin has fallen by about 7. 7%, and since the start of the week, it’s down over 10% from
Bitcoin has hit a new record high of $108, 239, thanks in part to hints that President-elect Donald Trump may create a strategic reserve for the digital asset. This has sparked a rally in crypto ETFs, with investors looking for less volatile ways to get into the crypto market. Trump's crypto-friendl
Bitcoin has been on a rollercoaster ride, reaching new heights after the U. S. presidential election. The price of a single Bitcoin hit $100, 000 for the first time. This dramatic increase hasn't gone unnoticed by big-time investors and companies. Michael Saylor, a billionaire Bitcoin investor, tri
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
