After closing last week below a crucial support level of around $95k, Bitcoin (BTC) price has been trending on shaky grounds, which could lead to further sell-offs in the near term.
The cryptocurrency market recorded a nominal decline, with the global market cap slipping by 1% to $3.28 trillion in the past 24 hours. Despite this dip, trading volume surged by an impressive 18.95%, hitting $83.93 billion.
Fidelity predicts 2025 will ignite a seismic shift as nation-states, banks, and institutions race to embrace bitcoin, marking the dawn of a new financial era.
The Bitcoin price has continued recording a neutral price action over the past week. This has resulted in the altcoin market experiencing a similar price trend. With the fear of extreme volatility in the crypto space, top altcoins such as ETH price and Ripple price are prepared to witness significant action this month.
Scott Bessent will also resign from Key Square Group, the hedge fund he founded, to avoid conflicts of interest if the Senate confirms him.
A weaker dollar drives investors to assets like cryptocurrencies, often viewed as hedges against inflation and devaluation.
Bitcoin has fallen 10% so far this month but analysts say it has fallen between 25% and 30% in the month of January in past post-halving markets.
JPMorgan CEO Jamie Dimon has not warmed up to Bitcoin despite the fact that the cryptocurrency is experiencing broader institutional acceptance.
Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, plans to liquidate several of his investments, including holdings in Bitcoin exchange-traded funds (ETFs), to avoid possible conflicts of interest if confirmed. Bessent, a billionaire hedge fund manager, filed his ethics agreement and financial disclosures ahead of his upcoming Senate confirmation hearing.
MicroStrategy continues its aggressive Bitcoin accumulation strategy under Michael Saylor, sparking debates about the risks and rewards of its bold approach.
Trump's Treasury nominee Scott Bessent plans to liquidate a string of investments, including BTC ETF, to avoid a potential conflict of interest.
The cryptocurrency market remained range-bound on Monday, with Bitcoin trading within a range of $93K to $96K. Concerns about market conditions are growing due to factors such as FTX liquidations and speculations surrounding a potential US government sell-off of Silk Road-related Bitcoin holdings. The release of stronger-than-expected US jobs data added to the somber sentiments.
Ignoring Bitcoin could leave nations vulnerable, Fidelity claims, as inflation, deficits, and competition demand strategic digital asset allocation.
Bitcoin's volatility highlights the broader economic uncertainty and potential challenges for digital assets amid shifting U.S. policies. The post Bitcoin rally faces headwinds from Trump's diverging crypto trades, say experts appeared first on Crypto Briefing.
Crypto market today is stuck in the zone, with Bitcoin trading steadily between $92K and $96K. Altcoins, following Bitcoin's range-bound movement, have seen notable price drops.
Toncoin outperformed Bitcoin throughout 2024 as TON saw a hike in adoption and usage.
Bitcoin price is consolidating losses below the $95,500 zone. BTC is showing bearish signs and might struggle to recover above the $95,800 level.
Scott Bessent, President-elect Donald Trump‘s nominee for Treasury Secretary, has disclosed owning between $250,001 and $500,000 in the iShares Bitcoin Trust ETF (NASDAQ:IBIT), according to financial documents released Saturday by the U.S. Office of Government Ethics. What Happened: The disclosure comes as Bitcoin (CRYPTO: BTC) trades near $94,227, following a pullback from its December peak of $108,135.
XRP's future hangs in the balance as the SEC faces a January 15 deadline for its appeal in the Ripple case. Will the case take a new turn?
The outlook for Bitcoin is showing a stark contrast between general traders and high-net-worth investors. While recent bearish movements have led retail traders to adopt a cautious stance, wealthy investors remain resolute in their bullish predictions for the cryptocurrency.
Bitcoin's price remains volatile amid market turbulence and macroeconomic challenges, a new analysis from the on-chain analytics firm Glassnode has drawn attention to the $88,000 price level as a crucial support point. Investors should closely monitor this threshold, as it could provide key insights into Bitcoin's future price movements.
Finally, XRP has breached a crucial descending trendline resistance level, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may be turning upward with this breakout.
A local bottom could be in, but maybe the opposite could be true instead.
Bitcoin (BTC) continues to trade approximately 14% below its all-time high, but according to renowned economist and trader Alex Krüger, the digital asset is far from reaching its peak. Speaking on the Unchained podcast, Krüger expressed his bullish outlook, suggesting that Bitcoin has significant room to grow.
Altcoins are rallying, with SUI and SOL gaining popularity, while XRP faces growing short interest.
Bitcoin has been faced with a challenging start to 2025 with a rejection at the $100,000 mark. Notably, Bitcoin has been unable to hold substantially above the $100,000 price level since it first broke through in early December, and multiple breakouts have been followed by rejections.
Canaan's new Avalon Mini 3 provides a unique home heating solution while mining Bitcoin.
Could Bitcoin's ‘Banana Zone' be the catalyst for an altcoin season?
Today's edition of the weekly recap includes top headlines of Do Kwon, Razzlekhan's new music video, Bitcoin's price slump, Bhutan's crypto reserve, and other trending news items.
According to the SaylorTracker website, MicroStrategy's Bitcoin holdings are up around 51%, with unrealized gains of over $14 billion.
Jeremie Davinci, a prominent player in the cryptocurrency domain, has garnered attention with his audacious forecast that Bitcoin may attain an extraordinary value of $350,000. This forecast, lately disseminated on social media, is predicated on historical trends and the present dynamics of Bitcoin mining expenses.
BlackRock, the biggest asset manager on the planet with $11.5 trillion under its belt, is about to lock horns with Donald Trump, who is about to step back into office with a crypto agenda. Trump's administration is promising to turn it into a cornerstone of US economic strategy.
Analytics firm Glassnode is warning that Bitcoin (BTC) is approaching a critical juncture that has previously marked the end of the bull market.
Neutral in the short-term, bullish in the long-term. With that view in mind, pro traders explain that a certain “player versus player” mindset is at play in the crypto market this month.
Russian authorities have started the process of liquidating 1,032 Bitcoin, valued at approximately one billion rubles, seized from former investigator Marat Tambiev. Tambiev was convicted of accepting the cryptocurrency as a bribe from a hacking group he was tasked with investigating.
Michael Saylor, executive and former MicroStrategy CEO, hinted at another Bitcoin purchase via a cryptic tweet. Saylor posted a screenshot referencing the “next green dot” on the Saylortracker chart, where each dot represents a Bitcoin (BTC) acquisition.
On Jan. 12, 2025, bitcoin's price has been drifting within the $95,000 range, while market participants on prediction platforms such as Kalshi and Polymarket are placing their bets on its future trajectory. Currently, a Polymarket wager suggests a 12% likelihood that bitcoin could climb to $120,000 by the close of the month.
A growing number of public companies are stacking up Bitcoin as the asset becomes more valuable, emulating MicroStrategy's model.
The introduction of Spot Bitcoin exchange-traded funds (ETFs) in the United States marked a historic milestone for the cryptocurrency market. These Spot Bitcoin ETFs, which first went live in the US on January 11, 2024, have had massive success in just one year, making them the greatest ETF launch in history.
Pro-crypto policies, increased adoption, and strategic reserves are expected to fuel 2025's bull run. This optimism, coupled with the AI-driven revolution, has savvy investors looking for opportunities beyond Bitcoin and major altcoins. AI meme coins are redefining the crypto space, and iDEGEN is emerging as a “Bitcoin equivalent”.
Billionaire investor Mark Cuban has publicly endorsed Bitcoin as a superior alternative to gold in times of economic crises. What Happened: In an interview with Wired, Cuban stated that Bitcoin is a “better version of gold.
Scott Bessent, nominated by President-elect Donald Trump as Treasury Secretary, faces a significant financial restructuring if confirmed by Congress.
A girlfriend of the British man accidentally threw away his hard disk with roughly 8,000 bitcoins on it in 2013. The years of legal battle for the right to retrieve the disk from the waste dump resulted in nothing.
Bitcoin [BTC] could stage a rebound as activity across key addresses picks up.
Rangebound trading conditions from Bitcoin could boost the chance of a breakout in XRP, HBAR, BGB and XMR.
Meta shareholders have submitted a proposal urging the tech giant to consider adding Bitcoin as a corporate treasury asset.
Ethereum (ETH) has outpaced Bitcoin (BTC) in terms of long-term holder ratios, with a notable 74.7% of Ethereum addresses now belonging to long-term holders. This figure surpasses Bitcoin's long-term holder ratio, which stands at just over 60%.