Bitcoin correlation with Nasdaq soars as CPI fears intensify
“Higher-than-expected inflation could trigger equity market volatility, potentially dragging Bitcoin lower,” Bitfinex’ head of derivatives told Cointelegraph. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
“Higher-than-expected inflation could trigger equity market volatility, potentially dragging Bitcoin lower,” Bitfinex’ head of derivatives told Cointelegraph. Go to Source
If passed and signed into law, “it would make Texas the first state to establish a strategic Bitcoin reserve,” says Senator Charles Schwertner. Go to Source
“This bill is about protecting the hard-earned money of Oklahoma’s citizens,” Representative Cody Maynard said upon introducing the act. Go to Source
Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20. Go to Source
Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said. Go to Source
The company now owns more than $192 million worth of BTC and touts a “Bitcoin yield” of more than 99%, it said. Go to Source
Despite a potential supply-shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph. Go to Source
The $88,000 Short-Term Holder (STH) cost-basis remains a crucial level for assessing Bitcoin’s price direction. According to the Unspent Realized Price Distribution (URPD) metric, there’s a noticeable lack of volume below this level. If Bitcoin falls below the $88,000 cost-basis, it could signal a decisive move to the downside, triggering further price weakness. Futures Market … Read more
According to the SaylorTracker website, MicroStrategy’s Bitcoin holdings are up around 51%, with unrealized gains of over $14 billion. Go to Source
During the initial 12 days of 2025, approximately 756.204 dormant bitcoins (BTC), valued at $71.8 million, have reentered circulation after years of inactivity. This revival occurs as bitcoin is trading 12% below its peak of $108,364, achieved 26 days prior on Dec. 17, 2024. $71M Worth of Sleeping Bitcoin Resurfaces This month has so far … Read more