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Nalezeno "BTC Prices": 317

Did an Uptick in Unemployment Sink Bitcoin Again?


The cryptocurrency reclaimed $93K early Thursday morning, then suddenly retreated and fell to $86K. Unemployment Fears May Have Just Sent Bitcoin Tumbling Once More The U.S. Federal government machinery whirred to life after a record 43-day shutdown, and now key macroeconomic data, though somewhat...

Paper Hands Fold: Glassnode Reveals Panic Selling as Bitcoin Drops Below $90K


The cryptocurrency plunged below the $90K threshold once again on Wednesday, as a multi-day sell-off persisted. Bitcoin Dips Below $90K and Paper Hands Start Panic Selling, Glassnode Says Bitcoin retreated below the $90K threshold once again, and skittish investors with so-called “paper hands”...

Yes, Bitcoin Is Down, but ‘the Sell-Off Is Over,’ Standard Chartered Says


One longtime analyst thinks a bitcoin breakout is waiting in the wings, even after the cryptocurrency plunged to $89K on Tuesday morning. Standard Chartered Predicts Year-End Bitcoin Rally Most analysts didn’t have an $89K bitcoin price on their bingo cards, but that’s exactly what happened...

Bitcoin Is Floundering, but Saylor Is Digging in His Heels


“If you’re going to be a bitcoin investor, you need a 4-year time horizon and you need to be prepared to handle the volatility in this market,” said Strategy Chairman Michael Saylor. Bitcoin Struggles, but Saylor Doubles Down At a time when skeptics are projecting gloom and doom over bitcoin’s...

A Perfect Storm Has Sent Bitcoin Nosediving


Few people predicted the dominant cryptocurrency would plunge as low as $94,525.06 just weeks after printing a new all-time high. Market Mayhem Sends BTC Tumbling to $94K Fears around soaring AI valuations, uncertainty about the direction of interest rates, and drama in the aftermath of a 43-day...

Did a New Ban on Weed Cause Bitcoin to Fall Below $100K?


The cryptocurrency saw a precipitous drop in its price on Thursday afternoon, retreating well below the $100K threshold into $98K territory. Bitcoin Falls to $98K: A Surprising Link to a New Hemp Ban It sounds too salacious to be true, but a weed ban may have caused bitcoin to drop below $100K....

Bitcoin Dips as Concerns of an AI Bubble Mount


Analysts are getting increasingly skittish about the mind-bending dollar amounts being plowed into the red-hot artificial intelligence (AI) sector. The AI Bubble Anxiety: Why Bitcoin Is Falling “We are looking at commitments of about $1.4 trillion over the next 8 years,” OpenAI CEO Sam Altman said...

Bitcoin’s Down Again: Is It the Government Shutdown or AI?


The leading cryptocurrency eased to $103K on Tuesday afternoon after climbing as high as $107K following a breakthrough in Congress to end the ongoing government closure. Government Shutdown or AI Bubble? The Reason Bitcoin is Down Japanese investment giant Softbank reported on Tuesday that it...

40-Day Shutdown Nears Conclusion, Sending Bitcoin Above $105K


Senate Republicans and Democrats finally agreed to a deal that could see the longest government shutdown in U.S. history come to an end, assuming everything goes as planned. Bitcoin Climbs to $105K as 40-Day Government Shutdown Finally Shows Signs of Resolution It’s rather uncommon to see eight...

Bitcoin Trades Sideways: Is $100K the New Norm?


The cryptocurrency has hovered around the $100K threshold for multiple days in a row, with no clear sign of an imminent rally. Bitcoin Stalls at $100K, Have We Reached a New Plateau? November is typically a good month for bitcoin. Data from Coinglass shows positive monthly returns for...

Bitcoin Sinks Again and Stocks Follow, as Fears of an AI Bubble Return


The cryptocurrency sank to $100K for the second time in less than a week as fears of an impending artificial intelligence (AI) stock crash gripped Wall Street. Bitcoin and Stock Markets Tumble as AI Fears Spark Selloff The romance between AI and Wall Street is quickly turning sour and bitcoin...

Bitcoin Stabilizes, But Galaxy Research Cuts Year-End Forecast to $120K


The digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday belonged to the bears. Bitcoin ( BTC) plunged below $100K triggering nearly $500 million in BTC liquidations. It was...

Bitcoin Tumbles as Fears of an AI Bubble Drag Stocks Down


The digital asset dipped below $107K on Thursday as concerns over excess investment in AI by tech giants triggered a stock market selloff. Bitcoin Slides as Anxiety Over an AI Bubble Roils Stock Markets Alphabet and Meta will shell out roughly $93 and $72 billion, respectively, for artificial...

Bitcoin and Stocks Rally on Renewed Optimism for a US-China Trade Deal


The cryptocurrency topped $116K as tensions between the world’s two largest economies showed signs of easing. Markets Surge Amid Signs of a US-China Trade Resolution Although it was the marvel of a 79-year-old Donald Trump dancing on his arrival in Malaysia that captured hearts across the globe...

Bitcoin Briefly Climbs Past $111K After CPI Data Reveals Cooling Inflation


Friday’s consumer price index (CPI) is the only official economic data that has been published during the ongoing U.S. government shutdown. Bitcoin Tops $111K As Inflation Cools The pace of inflation was slower than what many economists predicted according to the latest CPI report published by...

Bitcoin Briefly Touches $110K After US National Debt Surpasses $38T


The figure also represents “the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic,” according to the Associated Press. U.S. Debt Tops $38 Trillion, Bitcoin Tops $110,000 The U.S. national debt broke $38 trillion on Wednesday after what the Associated Press reported...

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