Here’s One Reason Why Bitcoin Might Rally After Thanksgiving

The cryptocurrency appears to have stabilized, and if everything falls into place at the right time, a holiday rally might be in order. The Catalyst That Could Push Bitcoin Higher Before the Holidays It went largely unnoticed, but on Wednesday, Treasury Secretary Scott Bessent wrapped up several important interviews with five candidates, all vying for … Read more

Here’s Why Bitcoin Is Rallying Just Before Thanksgiving

The digital asset broke $90,000 on Wednesday afternoon, mirroring stocks which also posted strong gains. Pre-Holiday Pump: What’s Driving Bitcoin’s Latest Rally? It used to be that cypherpunks and bearded libertarians were the typical bitcoin archetypes. But after the first cohort of bitcoin exchange-traded funds (ETFs) was approved last year, the new avatar might as … Read more

Google Throws Bitcoin a Lifeline

The cryptocurrency has managed to claw its way back to $88K after sinking all the way to $80K last week. Bitcoin Gets a Boost from an Unlikely Ally: Google The multi-trillion-dollar AI bubble appears to have made Google and bitcoin allies of convenience. At a time when AI startups such as Anthropic and OpenAI are … Read more

Did an Uptick in Unemployment Sink Bitcoin Again?

The cryptocurrency reclaimed $93K early Thursday morning, then suddenly retreated and fell to $86K. Unemployment Fears May Have Just Sent Bitcoin Tumbling Once More The U.S. Federal government machinery whirred to life after a record 43-day shutdown, and now key macroeconomic data, though somewhat stale, is beginning to trickle in. Thursday saw the U.S. Bureau … Read more

Paper Hands Fold: Glassnode Reveals Panic Selling as Bitcoin Drops Below $90K

The cryptocurrency plunged below the $90K threshold once again on Wednesday, as a multi-day sell-off persisted. Bitcoin Dips Below $90K and Paper Hands Start Panic Selling, Glassnode Says Bitcoin retreated below the $90K threshold once again, and skittish investors with so-called “paper hands” are getting the heck out of dodge in droves. At least that’s … Read more

Yes, Bitcoin Is Down, but ‘the Sell-Off Is Over,’ Standard Chartered Says

One longtime analyst thinks a bitcoin breakout is waiting in the wings, even after the cryptocurrency plunged to $89K on Tuesday morning. Standard Chartered Predicts Year-End Bitcoin Rally Most analysts didn’t have an $89K bitcoin price on their bingo cards, but that’s exactly what happened at around 2 a.m. on Tuesday. Yet Standard Chartered’s head … Read more