ideo platform Rumble has made its first Bitcoin purchase as part of a $20 million investment strategy, joining other public companies in holding the cryptocurrency while receiving backing from stablecoin issuer Tether.
Currently, bitcoin is up approximately 550% from the cycle lows, which aligns with previous cycles.
TL;DR Analysts suggest a narrowing wedge pattern in Bitcoin's price chart could signal a major breakout. Key factors include higher inflation, the Federal Reserve's stance, and expectations of Trump's potential Bitcoin reserve. Matrixport predicts significant short-term growth if Bitcoin holds its crucial support level.
Whales are offloading Bitcoin as retail investors show greed, with social media hype signaling a short-term correction in prices.
In a much-watched first day in office, US President Donald J. Trump not issue any crypto-related executive orders, nor did he acknowledge the Strategic Bitcoin Reserve he had promised during the Bitcoin 2024 conference in Nashville.
Bitcoin retreated from its new all-time high of $109,588 to $101,820 as President Trump's first day executive orders focused on trade and energy rather than expected crypto policies, while his launch of $TRUMP and $MELANIA memecoins added extra market volatility.
The cryptocurrency market is thrilled that Donald Trump has become the 47th US President. However, there was a subtle disappointment with Trump's failure to mention crypto in his inauguration speech, resulting in a minor Bitcoin price correction.
The inauguration of Donald Trump as the next president of the United States passed off without the merest mention of Bitcoin or crypto. After a spectacular rally into the event, the Bitcoin price fell more than $7,000 from the new all-time high of $109,300, to end the day at $102,150.
On January 20, 2025, the National Bitcoin Office of El Salvador announced the addition of 12 new bitcoins to its strategic reserves, bringing the total to 6,044 BTC, worth over 617 million dollars. This decision comes despite a recent agreement with the International Monetary Fund (IMF) aimed at reducing some of the country's crypto policies in exchange for a loan of 1.4 billion dollars.
The cooling down of the crypto-leveraged market after months of heavy speculation could lead to short-term Bitcoin price weakness despite the renewed interest from whale investors.
An analyst known for making timely crypto calls is sounding the alarm about the possibility that the asset class may be hovering close to a bull market peak.
Some of the larger-cap alts have dumped by double digits.
The Strategic Bitcoin Reserve bill proposes that up to 10% of funds from several state accounts be invested in Bitcoin. These include the Disaster Recovery Account ($80 million), and General Fund ($4.2 billion).
TRUMP, a token representing the new U.S. leader, plunged as much as 22% in 24 hours.
The US debt has surpassed the historic threshold of $36 trillion, forcing the Treasury to temporarily halt its debt issuances. This decision, driven by the necessity to contain the crisis, intensifies tensions in financial markets.
Video streaming platform and YouTube competitor Rumble has officially entered the crypto space. The company's CEO confirmed that Rumble has made its first Bitcoin (BTC) purchase and hinted that this will not be the last.
Bitcoin drops 7% post-Trump inauguration amid market disappointment. Analysts eye $150K breakout as BTC forms a bull flag and follows historical cycle trends.
Multi-asset investment portfolios with allocations to bitcoin are consistently outperforming those that don't hold the cryptocurrency, the report said.
After teasing a new all-time high (ATH) during the inauguration of pro-crypto US President Donald Trump, Bitcoin (BTC) price closed Monday in a shooting star candlestick. The flagship coin has been evolving into a potential reversal pattern after registering palpable gains since January 2023.
After smashing the $100k mark, Bitcoin (BTC) managed to maintain its bullish momentum as it is now targeting the $110k resistance level. This might help instill more bullish sentiment in the market that has the potential to allow multiple cryptos turn their charts green.
Bitcoin and other cryptocurrencies and even the newly minted token bearing Donald Trump's name recoiled on Tuesday, after the U.S. president's first set of policies following inauguration made no reference to this asset class.
Bitcoin "Choppiness Index" data is hinting at a dramatic return to trend for BTC price action.
Bitcoin "Choppiness Index" data is hinting at a dramatic return to trend for BTC price action.
El Salvador has once again added to its Bitcoin reserves, buying 12 coins in two separate transactions this week.
The market's leading cryptocurrency, Bitcoin (BTC), has reached a new all-time high, soaring past the $109,000 mark on Monday as anticipation builds around the inauguration of incoming President Donald Trump.
The United States is set to hit its $36 trillion debt ceiling on Jan. 20, the day President Trump takes office.
Donald Trump was inaugurated as the 47th President of the United States on Jan. 20, delivering a speech that celebrated American innovation and entrepreneurship.
With President Donald Trump not making any crypto-related announcements, Bitcoin is barely breaking even this week. Despite the letdown, BTC closed the day on a positive note on Monday with a near-1% gain.
Bitcoin (BTC) has once again made waves in the cryptocurrency market, reaching a new all-time high and fueling speculation about its next potential milestone. The recent surge, propelled in part by the excitement surrounding Donald Trump's swearing-in ceremony, has led Bitcoin to surpass $100,000, setting a new record.
Data shows TRUMP amassed over $19 billion in volumes over a 24-hour period, while MELANIA saw $4.5 billion exchange hands.
The crypto community was left in suspense as President Donald Trump's inaugural speech omitted any mention of cryptocurrencies, leaving the industry's future under his administration unclear. This absence has seen crypto options signaling losses for the Ether-Bitcoin Ratio, while bitcoin price saw a slight price drop.
The Treasury will begin extraordinary measures, potentially draining the TGA account in a positive development for risk assets, including BTC.
MicroStrategy Inc. (NASDAQ:MSTR) shares dropped 2.35% in overnight trading on Robinhood Markets on Tuesday, falling to $386.80 as cryptocurrency markets reacted to President Donald Trump‘s inauguration speech that notably omitted any mention of digital assets. What Happened: The enterprise software company, which holds over $45 billion in Bitcoin (CRYPTO: BTC), had seen its stock surge 8.04% to $396.50 on Friday amid optimism about Trump's anticipated crypto-friendly policies.
The crypto market today has taken a slight detour to the south, as the industry's market cap fell slightly by 1.19% to $3.15 trillion. In the meantime, the intraday volume of business saw a significant hit, plunging by 10.68% to $313.32 billion.
On-chain data shows the demand from the retail investors has remained at low levels recently despite the rally Bitcoin has seen to a new high.
El Salvador, the first nation to adopt Bitcoin as legal tender, has purchased more BTC shortly after striking a financing deal with the International Monetary Fund that stipulated narrowing the scope of its experiment with the flagship cryptocurrency.
The price of Bitcoin, the world's biggest and best-known cryptocurrency, hit a new all-time high near $109,000 on Monday as hopes grew for a strategic BTC national reserve but swiftly dropped to the $103K zone after President Donald Trump's silence on crypto at his inauguration speech.
Following Donald Trump's presidential inauguration, the cryptocurrency market has experienced a mix of price actions. Bitcoin (BTC) has managed to maintain its position above the $101K mark, while meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have been facing price declines.
The price of Bitcoin has dwindled as traders anticipate Donald Trump's crypto executive order following his inauguration.
As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000.
El Salvador added 12 Bitcoin to its reserves, reaffirming its commitment to cryptocurrency despite an agreement with the IMF to scale back its Bitcoin initiatives.
According to David Lawant, head of research at FalconX, Bitcoin, the flagship cryptocurrency, recorded a whopping $46 billion in spot trading volume on Monday.
Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025, following Donald Trump's inauguration today. Bettors Still Signal Strong Support for U.S. Bitcoin Reserve Proposal The concept of a U.S.
Crypto Market Today: In a riveting turn of events, following Donald Trump's presidential inauguration on Monday, the crypto realm appears to have witnessed mixed price actions recently. While Bitcoin (BTC) price maintained a hold above the $102K level, top meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have traded in
Options continue to show a bias for BTC relative to ETH despite Trump bypassing any mention of strategic bitcoin reserve in his inaugural speech on Monday.
Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto exchanges over the past three years.
Bitcoin has reached a new all-time high of $109,357 after a week marked by extreme volatility. The cryptocurrency dropped sharply to the $89,000 level last Monday, only to rebound with an impressive 22% surge, propelling it to new heights.