Bitcoin Bulls Fight For Recovery Bitcoin is under pressure as sellers push the price toward the $95,340 key level. After a strong offensive move last week, buyers failed to sustain momentum near the $100,000 resistance level, allowing sellers to regain control and drive the market lower. Bitcoin Key Levels Resistance Levels: $100,000, $102,500Support Levels: $93,000, […]
Bitcoin adoption in Hawaii fuels positive outlook. Hawaii’s recent regulatory changes have ignited optimism about Bitcoin’s (BTC/USD) trajectory. The state has removed the requirement for cryptocurrency firms to obtain a money transmitter license, effective July 1, enabling businesses to integrate BTC payments without restrictions. This policy shift has established Hawaii as a center for digital […]
BTCUSD (Bitcoin) Buyers Show Renewed Strength to Push Higher BTCUSD bulls are setting their sights on the $100,000 level amid renewed momentum. Bitcoin is preparing for a fresh rally as buyers aim to push beyond the $100,000 significant mark. Following a temporary pullback after reaching an all-time high of $108,000 last month, the bulls are […]
Bitcoin (BTC) has experienced a rollercoaster start to 2025, reaching an all-time high of $108,364 before plummeting to $92,118 within just three days. This sharp decline aligns with growing political tensions in the U.S., where a potential government shutdown looms large. Despite this turbulence, analysts are speculating about a massive recovery that could redefine the […]
Following an interest rate drop on Wednesday, Federal Reserve Chair Jerome Powell forcefully reaffirmed the central bank’s stance on Bitcoin at a press conference. Powell clarified that legal constraints preclude the U.S. government from establishing a Bitcoin reserve when questioned about the prospect of doing so. He clarified:“We are not permitted to possess Bitcoin. We […]
Bitcoin experienced a setback after the holidays, briefly dipping below $95.2k on Thursday. The 4% decline over the past day has nearly erased its monthly gains following multiple corrections since mid-December. However, this recent dip might present a buying opportunity for investors, as market data hints at potential upward momentum. Bitcoin Reserves on Binance Decline […]
Strike CEO, Jack Mallers recently unveiled a groundbreaking plan by President-elect Donald Trump to establish a U.S. strategic bitcoin reserve through an executive order on his first day in office. This announcement has sparked significant debate about the potential integration of digital assets into national policy. Strike and Timcast Unveil Key Insights During an appearance […]
Bitcoin faces growing bearish pressure as 10-year U.S. Treasury yields rise, diverting investor interest. Historically, higher Treasury yields reduce the appeal of riskier assets like BTC, as they make traditional investments more rewarding. The recent yield surge has raised concerns, pushing Bitcoin prices lower.As borrowing costs climb, Bitcoin’s role as an inflation hedge loses traction, […]
Bitcoin Makes Another Fall Despite Persistent Buyers Bitcoin bulls are striving to regain control as the price dips to the $97,670 key level. After reaching a quarterly high of $108,550 earlier this month, Bitcoin has experienced a significant pullback, retreating to this critical support zone. BTCUSD Key Levels Resistance Levels: $89,000, $93,000Support Levels: $97,670, $98,900Despite […]
