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Stablecoins are projected to drive a sharp increase in demand for U.S. Treasurys and strengthen the dollar’s global dominance, with their market expected to surpass $2 trillion by 2028, according to the U.S. Treasury Secretary. US Treasury Sees Stablecoins as Strategic Dollar Expansion Tool Amid $2 Trillion Forecast U.S. Treasury Secretary Scott Bessent testified before … Read more
On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback. Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market Overall, the mood stays gloomy, with bitcoin traders likely … Read more
Bitcoin exchange-traded funds (ETFs) continued their recovery, posting a third consecutive day of inflows totaling $165 million, while ether ETFs broke records with their 18th straight day of gains, pulling in a remarkable $240.29 million. Crypto ETFs Shine As Bitcoin and Ether Funds Attract Over $400 Million The crypto ETF market kept its bullish rhythm … Read more
Another inflation indicator, the Producer Price Index (PPI) came in lower than expected for May, prompting a verbal assault on Jerome Powell by the president, as bitcoin shed roughly 1%. Trump Roasts Jerome Powell As Bitcoin Drops “We’re going to spend $600 billion a year because of one numbskull.” Those were the words of U.S. … Read more
Bitcoin traded between $107,029 to $107,290 over the last hour on June 12, 2025, with a market capitalization of $2.13 trillion and a 24-hour trade volume reaching $34.26 billion. The intraday price range stretched from $107,029 to $110,269, signaling a volatile session marked by bearish undertones across short- and mid-term timeframes. Bitcoin The 1-hour chart … Read more
The cryptocurrency continued to hover just below $110K on Wednesday morning even as positive market data buoyed stock markets, before dipping below $109K later in the afternoon. BTC Holds Steady as Inflation Eases and US-China Trade Deal Boosts Market Sentiment A victory lap may be in the cards for the Trump administration as it successfully … Read more
Bitcoin ETFs recorded another impressive inflow of $431 million, solidifying their recovery streak, while ether exchange-traded funds (ETFs) celebrated their 17th consecutive day of gains with a fresh $124.93 million inflow, pushing total net assets beyond the $10 billion milestone. Bitcoin ETFs Post Second Day of Strong Gains As Ether ETFs Mark 17 Days of … Read more
On Wednesday, equity markets bounced back after U.S. President Donald Trump announced that officials from the U.S. and China had come to terms on a trade agreement. Bitcoin ticked up by 0.5%, and the crypto economy expanded to $3.46 trillion. Equities Surge, Crypto Market Nears $3.5T After Trump’s Trade Power Play Optimism spread through markets … Read more
Bitcoin hovered at $109,319 as of June 11, 2025, showing resilience amid a cooling phase. The cryptocurrency posted a market capitalization of $2.17 trillion and a 24-hour trading volume of $32.03 billion, with price action ranging from $108,633 to $110,237. Bitcoin On the 1-hour chart, bitcoin displays short-term indecision following a quick rejection from $110,400, … Read more
On June 11, Bitcoin continued its upward momentum, testing the $110,000 mark twice within 24 hours, indicating a potential breakout to new all-time highs. Positive CPI Data Expected to Boost Markets Bitcoin’s unstoppable momentum continued on June 11 after it tested the $110,000 mark twice within 24 hours, signaling a potential breakout to new all-time … Read more