Prices

The two public firms bought more than half a billion dollars’ worth of bitcoin on Labor Day, likely contributing to Tuesday’s recovery. Institutional Buying Spree Sends BTC Back Above $111K While some bemoaned bitcoin’s drop below $108K over the holiday weekend, Michael Saylor’s Strategy and Simon Gerovich’s Metaplanet took advantage of the cryptocurrency’s discounted price … Read more

The digital asset’s price didn’t move much on Monday after shedding more than 3% over the past seven days, but the subdued price action hasn’t dampened institutional enthusiasm. BTC Treads Water on Labor Day Weekend and Metaplanet Buys the Dip “I’ve always said that I really believe in the next several years, bitcoin hits a … Read more

The cryptocurrency fell to $108K after the “de minimis” exemption ended on Friday and core inflation came in at 2.9%. BTC Buckles Under Dual Pressure of Increasing Inflation and Trade Tensions Both crypto and stock markets bled on Friday after core inflation came in at 2.9% and the “de minimis” exemption, which waives tariffs on … Read more

The U.S. Bureau of Economic Analysis (BEA) published better-than-expected economic data on Thursday morning. Stronger-Than-Expected GDP Figures Lift BTC, Albeit Modestly The American economy roared past expectations and expanded by 3.3% in Q2 according to Thursday’s announcement by the Bureau of Economic Analysis (BEA). Economists had predicted a growth rate of anywhere between 3.0% and … Read more

The cryptocurrency appears to have stabilized around $114K, but the same can’t be said for the stock market, which edged lower as tech stocks continued to underperform. Traditional Markets Plunge, But Bitcoin Remains Steady Bitcoin ( BTC) hovered around $114K on Wednesday afternoon while stocks fell across all major indices for a second consecutive day. … Read more

Both crypto and stock markets were down on Tuesday afternoon and the only metric rising was bitcoin’s correlation with the S&P 500. Gloomy Sentiment Sends Bitcoin and Stocks Down Together Bitcoin ( BTC) fell below $113K on Tuesday and stock markets were no better, plunging into the red across the board and hinting at a … Read more

Institutions have remained surprisingly bullish on bitcoin, using their deep pockets to capitalize on buying opportunities every time the digital asset goes lower. Treasury Firms Seize the Opportunity as Bitcoin Price Dips Bitcoin treasury firms such as Strategy and Metaplanet went on a buying spree as the cryptocurrency fell by more than 2% on Monday. … Read more

Markets are still recovering from Thursday’s bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional Investors Remain Bullish Bitcoin dipped below $117K on Friday, as markets floundered in the wake of Thursday’s higher-than-expected wholesale inflation data from the U.S. Bureau of Labor Statistics (BLS). But the … Read more

The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. … Read more

The leading cryptocurrency soared to $122K Wednesday morning as the broader crypto market broke the $4 trillion threshold once again this week. Growing Bets on Fed Rate Cut in September Send Bitcoin Higher Bitcoin topped $122K on Wednesday as expectations of an interest rate cut by the U.S. Federal Reserve in September increased to 99.9% … Read more