Prices

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

“If you’re going to be a bitcoin investor, you need a 4-year time horizon and you need to be prepared to handle the volatility in this market,” said Strategy Chairman Michael Saylor. Bitcoin Struggles, but Saylor Doubles Down At a time when skeptics are projecting gloom and doom over bitcoin’s sinking price, Michael Saylor, Chairman … Read more

Few people predicted the dominant cryptocurrency would plunge as low as $94,525.06 just weeks after printing a new all-time high. Market Mayhem Sends BTC Tumbling to $94K Fears around soaring AI valuations, uncertainty about the direction of interest rates, and drama in the aftermath of a 43-day government shutdown have all converged to create what … Read more

The cryptocurrency saw a precipitous drop in its price on Thursday afternoon, retreating well below the $100K threshold into $98K territory. Bitcoin Falls to $98K: A Surprising Link to a New Hemp Ban It sounds too salacious to be true, but a weed ban may have caused bitcoin to drop below $100K. The new restriction … Read more

Analysts are getting increasingly skittish about the mind-bending dollar amounts being plowed into the red-hot artificial intelligence (AI) sector. The AI Bubble Anxiety: Why Bitcoin Is Falling “We are looking at commitments of about $1.4 trillion over the next 8 years,” OpenAI CEO Sam Altman said last week. That figure is almost $200 billion larger … Read more

The leading cryptocurrency eased to $103K on Tuesday afternoon after climbing as high as $107K following a breakthrough in Congress to end the ongoing government closure. Government Shutdown or AI Bubble? The Reason Bitcoin is Down Japanese investment giant Softbank reported on Tuesday that it had offloaded its entire $5.83 billion stake in Nvidia, sending … Read more

Senate Republicans and Democrats finally agreed to a deal that could see the longest government shutdown in U.S. history come to an end, assuming everything goes as planned. Bitcoin Climbs to $105K as 40-Day Government Shutdown Finally Shows Signs of Resolution It’s rather uncommon to see eight Senate Democrats go counter to their own party … Read more

The cryptocurrency has hovered around the $100K threshold for multiple days in a row, with no clear sign of an imminent rally. Bitcoin Stalls at $100K, Have We Reached a New Plateau? November is typically a good month for bitcoin. Data from Coinglass shows positive monthly returns for the cryptocurrency 66% of the time between … Read more

The cryptocurrency sank to $100K for the second time in less than a week as fears of an impending artificial intelligence (AI) stock crash gripped Wall Street. Bitcoin and Stock Markets Tumble as AI Fears Spark Selloff The romance between AI and Wall Street is quickly turning sour and bitcoin is paying the price. Multiple … Read more