Bitcoin, Crypto and Price Boom
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“If the Fed quietly keeps hitting the QE [quantative easing] button, bitcoin might become the investment equivalent of a midnight convenience-store burrito—volatile but satisfying,” Garcia wrote, adding that others such as pro-bitcoin financial analyst Lyn Alden have played down the significance of the Fed’s bond purchases.
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Historical data shows that XRP often mirrors Bitcoin’s bullish momentum. With amplified gains during altcoin seasons, how high could XRP price go if
Bitcoin (BTC) price recently hit a new all-time high of $111,800, but the bullish momentum may slow down as onchain data from Glassnode reveals significant profit-taking by short-term holders (STHs),
On May 22, Bitcoin (CRYPTO: BTC) hit a new all-time high of nearly $112,000. With a total market cap of $2.2 trillion, it now ranks as one of the five most valuable assets in the world, trailing only Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and gold.
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Glassnode data shows all wallet cohorts are now accumulating, with options markets pricing in potential upside beyond $200K in June.
Bitcoin bull market momentum is in full force as US jobless claims fail to spark cold feet on risk assets — and a "bigger move" on BTC is expected. Mixed results for US jobless claims fail to dent risk-asset enthusiasm. Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session.
If interest rates stabilize or decline, investor appetite for risk-on assets like BTC could rebound. The Fear & Greed Index shows extreme fear, which historically has preceded price rebounds ...