Bitcoin Breaks $106K as Institutional Interest Widens

Research by Standard Chartered Bank shows a wider range of institutions are purchasing bitcoin proxies for their investment portfolios. Bitcoin Eyes $106K Support Level As Big Money Flows In London-based Standard Chartered Bank published research on Tuesday showing that bitcoin ( BTC) has piqued the interest of an increasingly diverse group of institutions, according to … Read more

Bitcoin Reclaims $105K After Moody’s Downgrades US Credit Rating

Moody’s is now the third credit rating agency to downgrade the country’s debt after Standard & Poor’s in 2011 and Fitch in 2023. Moody’s U.S. Rating Cut Sends Bitcoin Back Above $105K The U.S. lost its perfect credit rating on Friday after rating agency Moody’s downgraded U.S. debt from “Aaa” to “Aa1,” citing concerns about … Read more

Bitcoin Retreats to $94K as Crypto Markets Dip and Stocks Trade Flat

Crypto markets slumped on Monday morning, with seven of the top ten cryptocurrencies in the red, including bitcoin. Market Dip Drags Bitcoin Under $94K While Equities Hold Steady Bitcoin (BTC) fell to $94K on Monday morning as crypto markets tumbled 1.06% to a market capitalization of $2.93 trillion, according to data from Coinmarketcap. Stocks traded … Read more