Bitcoin nears a reclaim of six figures as BTC price strength gets a fresh US macro data boost.
Bitcoin (BTC) hit weekly highs around the Jan. 15 Wall Street open as fresh US macro data calmed market nerves over inflation.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearly reaching $100,000 on Bitstamp.
On Jan. 15, bitcoin ascended to an intraday peak of $99,442 on Wednesday morning, following the release of the latest U.S. inflation data, which revealed a slowdown in core inflation. Easing Core Inflation, Explosive Bitcoin Rally: $224M Liquidated in 24 Hours At 9 a.m. Eastern Time, bitcoin was trading at $98,805 per coin, having momentarily […]
QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rate […]
Bitcoin is trading at $96,156 with a market cap of $1.90 trillion, a 24-hour trade volume of $64 billion, and an intraday range of $89,164 to $97,328, reflecting mixed signals across technical indicators and timeframes. Bitcoin The daily chart shows bitcoin in a downtrend, with the price declining from a peak of $108,364 to a […]
QCP Capital’s latest analysis provides a snapshot of a crypto market attempting to stabilize amidst significant macroeconomic turbulence. QCP Capital Highlights Macro Pressure on Bitcoin’s Inflation Hedge Role On Monday, the firm’s market observations highlight the resilience of key cryptocurrency levels while noting potential challenges ahead. QCP Capital noted that the U.S. labor market’s strong […]
Bitcoin’s price exhibited a tempestuous performance on Monday, as the leading cryptocurrency plunged from approximately $94,000 to under $90,000 by 9:35 a.m. EDT. Following this descent, BTC demonstrated a partial recovery, ascending to hover within the $92,300 to $93,000 bracket. From $94K to $89K: Bitcoin’s Wild Day The day began as a dramatic tale of […]
Bitcoin is at levels not seen since November as gloom over BTC price strength intensifies.
Bitcoin (BTC) headed for two-month lows at the Jan. 13 Wall Street open as US dollar strength punished crypto.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping below $90,000 for the first time since mid-November.
Tom Lee, co-founder and managing partner at Fundstrat, has expressed confidence in bitcoin’s long-term prospects. Although the cryptocurrency currently sits approximately 15% below its all-time high, Lee contends that those purchasing at the $90,000 mark would likely not face financial losses. Tom Lee Still Targets $250K as Investors Hold Their Breath Tom Lee has consistently […]
Bitcoin joins US stocks in what analysis calls a "bearish overreaction" to employment data amid concern over future BTC price lows.
Bitcoin (BTC) hovered under $95,000 on Jan. 11 after an eventful day delivered a “bearish overreaction.”
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView captured volatility up and down during the week’s final Wall Street trading session.
Bitcoin’s price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near $108,364. The price rebounded from a $91,215 low to consolidate […]