
Bitcoin takes its cues from US President-elect Donald Trump’s inauguration, with new BTC price all-time highs joining a crypto volatility frenzy.
Bitcoin (BTC) gets a flying start on US Presidential Inauguration Day as new all-time highs put $110,000 on the radar.
Traders see major volatility characterizing Bitcoin and crypto markets this week as President-elect Donald Trump takes office.
Trump is already delivering multiple volatility catalysts, with rumors that he will announce a strategic Bitcoin reserve during his inauguration speech already circulating.
Bitcoin prints a “god candle” to all-time highs in what traders say is a good start to an “interesting week.”
Bitcoin (BTC) hit flash volatility on Jan. 10 at the start of the European trading session to hit an all-time high of $109,356 on Bitstamp.
BTC price has climbed from its lows below $100,000 on Jan. 19, rising as much as 9.6% to trade above $109,000 for the first time ever.
Data from Cointelegraph Markets Pro and TradingView shows BTC trading at around $108,000, up 3.3% over 24 hours.
Bitcoin bull market excitement is building, and DecenTrader’s Filbfilb sees the chance for 80% BTC price upside.
Bitcoin (BTC) hitting $130,000 would be a great result for the current bull market, longtime trader and analyst Filbfilb says.
In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader gave his predictions on where BTC price action may be headed this cycle.
Bitcoin is bouncing back after a trip to two-month lows and is holding well above $100,000 as of Jan. 17, per data from Cointelegraph Markets Pro and TradingView.
Testing times quickly return for Bitcoin traders as BTC price momentum again fails to recapture $100,000.
Bitcoin (BTC) fell further beneath $100,000 after the Jan. 16 Wall Street open as markets shook off a US unemployment overshoot.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD targeting $97,000, down nearly 3% after the week’s initial jobless claims.
Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20.
Cryptocurrency analysts are turning bullish after favorable US inflation data sent Bitcoin (BTC) surging some 3% amid hopes of more interest rate cuts.
On Jan. 15, the US Consumer Price Index (CPI) report tipped lower-than-expected core inflation in December, causing Bitcoin’s spot price to rally from around $96,000 to nearly $100,000. Other assets, including stocks and gold, also surged.
Futures markets assign a roughly 30% chance of the Federal Reserve, America’s central bank, cutting interest rates in March, according to CME FedWatch. Rate cuts generally benefit crypto.