‘Trump dump’ risks pulling Bitcoin price down to $88K
Bitcoin fails to rebound after a $5,000 drop in a single day, with a BTC price retest of $88,000 now “highly probable.”
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Bitcoin fails to rebound after a $5,000 drop in a single day, with a BTC price retest of $88,000 now “highly probable.”
Bitcoin analysis blames “spoofing” for a snap BTC price correction of more than $4,000 in hours.
The central bank governor, Aleš Michl, recently said he was considering investing in Bitcoin as part of the bank’s diversification strategy.
Bitcoin is shifting traders’ expectations by holding six figures as bullish BTC price patterns return to the radar.
“We’re seeing people up and down the cabinet who have been supportive of digital assets, innovation, and AI,” said TRM Labs’ Ari Redbord.
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000.
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said.
Bitcoin wastes no time at the Wall Street open as daily BTC price gains pass 3% while reclaiming the $100,000 mark.
US spot Bitcoin ETFs have contributed to 100% of the record-breaking $44.2 billion crypto ETF inflows in 2024, according to CoinShares.
