Bitcoin Price Analysis: Economic Headwinds Push Price Lower

Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted. Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern.

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Bitcoin price analysis: economic headwinds push price lower

Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern Spot crypto ETFs logged large outflows on Wednesday following the release of the Fed meeting notes Bitcoin’s price has fallen from a high […] The post Bitcoin price analysis: economic headwinds push price lower appeared first on CoinJournal.

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Bitcoin ETF inflows slump as BTC falls over 5% amid macroeconomic pressures

Spot Bitcoin exchange-traded funds experienced a sharp drop in inflows on Jan. 7 as Bitcoin fell 5%, driven by rising expectations of a more hawkish approach from the Federal Reserve. Bitcoin, the world’s largest cryptocurrency, surged past $102,000 yesterday, sparking…

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Crypto Survival Mode? Bitcoin Mining Giant Lends Over 7,000 BTC Amid Operational Pressures

Marathon Digital (MARA) is one of the largest players in the Bitcoin mining space, and it has just unveiled a new approach to managing cost of operations. In a bid to ease financial pressures and generate returns, the company is lending 7,377 BTC, or about 16% of its deposit.

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VanEck CEO recommends investors to double down on Bitcoin as hedge in 2025

Jan van Eck, CEO of VanEck, has recommended that investors maintain or increase their exposure to Bitcoin (BTC) and gold in 2025 in the firm’s 2025 outlook report.   He argued that these assets are indispensable hedges against inflationary pressures, fiscal uncertainty, and global de-dollarization trends.

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Can Ethereum Reclaim $4,000? Key Indicators Point Upwards

Ethereum (ETH) price has dropped below multiple resistance following increased sell pressures. ETH price drop is linked to wider crypto outflows in the same time frame after Bitcoin slumped below the $100K mark.

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Bitcoin retreats back to $104k as markets eye Fed decision and latest EU, UK inflation data

Bitcoin’s price has seen notable volatility ahead of the Federal Reserve’s interest rate decision later today, retracing from a recent high of $108,000 to hover around $104,000. The move comes amid a backdrop of mixed global economic signals, as fresh data highlights continued inflationary pressures in major markets.

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Strategic Bitcoin Reserve Proposed By French MEP To Bolster EU

French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.

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Why Dogecoin might pullback despite bullish signals

DOGE closed November with a near 170% surge, riding the wave of Bitcoin’s volatility.  If Dogecoin can continue to counter bearish pressures, a similar pattern could unfold. Dogecoin [DOGThe post Why Dogecoin might pullback despite bullish signals appeared first on AMBCrypto.

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Bitcoin Faces Potential 25% Correction Amid Global M2 Decline

Bitcoin's price may correct by up to 25% as it closely tracks global M2 money supply trends. While shrinking liquidity pressures risk assets, ETF inflows and corporate interest could temper downside risks.

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Future Bitcoin upgrades require contrasting stakeholder support evolving across launch timeline

Bitcoin’s governance structure and consensus mechanisms accentuate the complexity of implementing protocol changes on a network deliberately resistant to alteration. Bitcoin’s consensus model intentionally favors stability, with upgrades proceeding through a high-threshold process involving diverse stakeholders—miners, economic nodes, investors, developers, and media influencers—each bringing distinct motivations and pressures to the table.

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Bitcoin miner Bitfarms partners with Stronghold to expand its operations

Bitfarms deployed 10,000 miners at Stronghold's Scrubgrass facility, enhancing operational efficiency Bitfarms' stock has continued to fall, amid the broader market pressures. Bitfarms, a prThe post Bitcoin miner Bitfarms partners with Stronghold to expand its operations appeared first on AMBCrypto.

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Gold vs. Bitcoin: A hard money showdown in uncertain times

With gold and Bitcoin both at or near record highs, the debate over which is better ‘hard money’ is heating up as investors seek hedges against economic uncertainty, inflation, and geopolitical change.

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Bitcoin could hit $200,000 without dollar collapse – Bitwise CIO

Bitcoin’s (BTC) price could surge to $200,000 without the need for a collapse of the US dollar, according to Bitwise CIO Matt Hougan. In his latest investor memo, Hougain suggested that Bitcoin’s value rests on two independent forces: its role as a digital store of value and inflationary pressures on fiat currencies.

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Paul Tudor Jones says he’s long gold and Bitcoin

Billionaire Paul Tudor Jones is bullis on gold and Bitcoin. The hedge fund manager told CNBC in an interview that commodities are under-owned. Paul Tudor Jones says he is long the precious metal gold and digital asset Bitcoin (BTC) ahead of the US election and as inflationary pressures look to persist beyond the November vote.

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Billionaire Paul Tudor Jones is ‘long’ on Bitcoin and gold to hedge against inflation

Billionaire hedge fund manager Paul Tudor Jones II revealed that he is investing heavily in gold and Bitcoin (BTC) as he expects inflationary pressures will persist regardless of who wins the 2024 US presidential election.

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Bitcoin, Ethereum, XRP Weekly Wrap – September 6, 2024

Bitcoin, Ethereum, and XRP face bearish pressures with BTC nearing support, ETH testing $2,344, and XRP vulnerable after losing key levels. The post Bitcoin, Ethereum, XRP Weekly Wrap – September 6, 2024 appeared first on BeInCrypto.

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Bitcoin Plunges Below $62 000 as Crypto Bulls See $290 Million Liquidations

Bitcoin's brief rally was crushed, falling from $65,000 to below $61,000, causing $290 million in liquidations. Market sentiment soured with external pressures, including Genesis Trading's massive transfers.

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Bitcoin Poised for Breakout: Analyst Reveals Critical Levels for BTC’s Next Bull Run

Bitcoin’s price action is balancing between bullish momentum and market resistance. Despite a rejection lately, Bitcoin has preserved its bullish trend, showing resilience amid market pressures.

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Bitcoin dip buying spree sees $438M Bitcoin ETF inflows

Institutional interest in Bitcoin remains robust, potentially stabilizing its value despite market volatility and selling pressures. The post Bitcoin dip buying spree sees $438M Bitcoin ETF inflows appeared first on Crypto Briefing.

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Bitcoin price aims for $69K as ‘hot’ US macro data pressures dollar

Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board.

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Top 3 Crypto Gainers This Week: KangaMoon Leads Render and Near Protocol with 290% ROI

Despite its brief bounce, the leading cryptocurrency by market capitalization, Bitcoin, is facing struggles, slipping down to $63,000 amid heightened US regulatory pressures. On the other hand, altcoins are showcasing mixed performance, with some adding substantial gains in their value proposition while others register downturns.

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Bitcoin's long-term projections - Why you should look out for this key indicator!

M2 Money Supply's positive trend suggests greater liquidity could boost Bitcoin Despite this optimistic signal, other metrics point to bearish pressures on the cryptocurrency  After major cThe post Bitcoin's long-term projections - Why you should look out for this key indicator! appeared first on AMBCrypto.

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Monero hits eight-year low against Bitcoin as regulatory pressures mount

Monero’s XMR token has fallen to its lowest point against Bitcoin in the last eight years amid regulatory pressure on privacy-focused blockchain networks. According to CoinMarketCap data, the XMR-BTC chart reached as low as 0.

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Why Is Bitcoin Price Down Today? 3 Key Reasons

Today’s Bitcoin price movement is a confluence of factors including massive liquidations, macroeconomic pressures, and the impact of negative Coinbase Premium alongside Bitcoin ETF dynamics. These elements combined have led to a noticeable dip in Bitcoin’s price.

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Arthur Hayes Predicts Crucial Bitcoin (BTC) Bottom to Watch

Arthur Hayes unveils Bitcoin (BTC) price floor amid current banking pressures

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Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts

CPI positively surprises stocks, and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought.

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Bitcoin Price Just Hit New All-Time Highs In These Countries

A crypto analyst has revealed data depicting the Bitcoin price reaching new highs in several countries experiencing high inflationary pressures.  Bitcoin Skyrockets In Countries With Inflationary Currencies According to Crypto Analyst and DeFi enthusiast, Miles Deutscher, the price of Bitcoin has reached new all-time highs in multiple countries including Turkey, Argentina, and Nigeria.  Related Reading: […]

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Monero fails to build on Bitcoin’s momentum; one-year range holds

XRM/USD keeps trading in a range Bearish momentum persists A stronger dollar pressures most cryptocurrencies Bitcoin rallied at the start of this week, triggering much-needed enthusiasm among crypto investors.

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Resilient Bitcoin defies interest rate pressures and technical resistance

Quick Take In a striking reversal from the start of the week, CryptoSlate reports a resurgence of Bitcoin, which was grappling beneath key technical levels but has since ascended above them. This recovery is significant, given the substantial resistance observed near $28,000, a level influenced by the 200-week, 200-day, and 111-day moving averages and the […] The post Resilient Bitcoin defies interest rate pressures and technical resistance appeared first on CryptoSlate.

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Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes

Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.

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BTC struggles as Grayscale pushes for an ETF approval. Assessing...

Grayscale pressures the SEC to make a decision regarding its spot Bitcoin ETF filing in a new letter. Bitcoin's short-term demand remains low as the market wades through a period of uncertaintyThe post BTC struggles as Grayscale pushes for an ETF approval. Assessing... appeared first on AMBCrypto.

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Bitcoin short-term investors capitulate under market pressures

Quick Take Bitcoin’s support level at $29k has recently been breached, leading to significant action from short-term investors. Those who have held Bitcoin for less than 155 days have been observed to capitulate, transferring approximately 17k coins to exchanges at a loss.

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Bitcoin emerges as alternative store of value amid Argentina’s surging economic volatility

Quick Take Argentina’s economy is experiencing intense fluctuations, as demonstrated by the country’s history of nine monetary defaults. According to Bloomberg, the recent overnight devaluation of its currency by nearly 20% has introduced severe economic pressures on consumers and citizens.

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BlackRock ETF will be ‘big rubber yes stamp’ for Bitcoin — Charles Edwards

Bitcoin's future is overwhelmingly bright, and short-term price pressures should not distract investors from a future global asset class, says the Capriole Investments founder.

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Binance spot trading plunges 70% following regulatory pressures and reintroduction of Bitcoin fees

Binance’s spot trading volume reportedly declined nearly 70% during the second quarter after the exchange reintroduced fees for its most liquid Bitcoin (BTC) pairs, per data from Kaiko. In March, the exchange abandoned its Binance USD (BUSD) zero-fee trading for TrueUSD (TUSD) due to the regulatory challenges facing the BUSD stablecoin.

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Bitcoin breaks $31k as it continues to shake off recent slumps

As ongoing regulatory pressures ramp up towards several cryptocurrencies, Bitcoin (BTC)has shown impressive resilience, breaking the $31,000 barrier today and marking its highest close of the year.

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Bitcoin rallies past $27k, while ETH/BTC ratio sinks

Quick Take Bitcoin has surpassed the $27,000 mark for the first time since June 7, indicating a notable recovery from previous challenges. It’s noteworthy that this resurgence comes in the wake of significant regulatory pressures faced by Bitcoin concerning the SEC lawsuits against major platforms Coinbase and Binance.

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Bitcoin Breaks $26,000 Ahead of US Inflation Report

Bitcoin surges past $26,000, showcasing resilience amidst regulatory pressures and in anticipation of US inflation data and Fed's rate decision. The post Bitcoin Breaks $26,000 Ahead of US Inflation Report appeared first on BeInCrypto.

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Bitcoin Price Expected to Hit $50K in Slow Steady Increase: Analyst

Despite mounting regulatory pressures on the cryptocurrency industry, analysts continue to hold an optimistic outlook for Bitcoin, forecasting a slow but steady price increase.

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Asia’s Bitcoin supply soars amid shifting regulatory landscapes

As U. S. regulatory pressures impact the cryptocurrency industry, a contrasting trend is emerging in the Asian market. With a surge in Bitcoin supply, what's driving this shift? Our CryptoSlate Alpha analysis uncovers specific regulatory changes in Asia, influencing this movement.

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America’s Largest Bitcoin Exchange Is Considering Leaving The Country

Coinbase has been facing pressures that have led to the CEO stating it may be forced to go international.

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Bitcoin Financial Services Firm Unchained Capital Raises $60M

The Series B fundraise comes about five months after the company cut 15% of its staff amid the pressures of crypto winter.

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North Carolina County’s Push To Halt Bitcoin Mining Another Blow To Industry Rattled By Regulation

Buncombe County's plan to halt bitcoin mining for a year would be the latest setback for an industry facing regulatory pressures.

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Bitcoin ‘untouchable’ amid regulatory pressures, says analyst

Bitcoin is “untouchable” because it’s more decentralized than other cryptocurrencies in the space, such as Ether, according to senior commodity strategist Mike McGlone.

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How gold and Bitcoin are responding to inflationary pressures – comparing the 1970s and the 2020s

Quick Take Many investors try to pinpoint the exact times we are in previous cycles or decades. The post How gold and Bitcoin are responding to inflationary pressures – comparing the 1970s and the 2020s appeared first on CryptoSlate.

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Bitcoin Price Reclaims $28,000 Territory Amid Mounting Market Pressures

Bitcoin price has returned to the $28,000 territory in the face of a flurry of market uncertainty. As investors grapple with the potential fallout from the U. S. Commodity Futures Trading Commission’s (CFTC) lawsuit, the alpha coin has managed to weather the storm of a year-long industry downturn and the recent banking crisis in the United States, proving its resilience once again.

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Conflux (CFX) Shows Mettle, Shoots Up Over 87% Despite Crypto Market Pressures

Although Bitcoin is far and away the most popular cryptocurrency, there are other digital currencies like Conflux (CFX) that are doing rather well. In order to achieve even greater levels of success than its rivals, Conflux is constantly innovating and expanding its business.

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Bitcoin Falls Below $20,000 Amid Wider Crypto Market Rout

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