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

Bitcoin Eyes $98K as Strong Jobs Report Buoys Markets

The U.S. economy added a higher-than-expected 177,000 jobs in April, sparking a rally in traditional markets as bitcoin climbed closer to $98K. Strong Employment Figures Push Bitcoin Toward $98K Threshold The U.S. Department of Labor surprised bearish economists when it published its highly anticipated jobs report on Friday, showing a stronger-than-expected 177,000 jobs added to … Read more

BTC Holds Firm at $95K as Bitcoin ETFs Gain Ground on Gold ETFs

Research from Standard Chartered Bank shows a marked exodus from spot gold exchange-traded funds (ETFs) to bitcoin ETFs. Gold vs. Bitcoin: ETFs Show Shifting Investor Sentiment as BTC Holds $95K London-based Standard Chartered Bank published research on Tuesday showing a migration of investor capital from spot gold ETFs to bitcoin ETFs, as the cryptocurrency held … Read more