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Tag: Bitcoin

Crypto betting platform Polymarket hits $1bn in trading volume
News

Bitcoin crashes to $77K as global market bleed from Trump tariffs

Bitcoin plunged to a near one-month low in early Monday trading, extending a week-long decline as global markets reeled from escalating economic tensions triggered by new trade tariffs imposed by U.S. President Donald Trump. The move, widely criticized as a spark for a global trade war, has deeply shaken investor confidence and slashed appetite for […]

Bitcoin demand hits two-year high Argentina amid local currency crash
Crypto

Bitcoin falls 5% after Trump’s strategic reserve order

Bitcoin declined on Monday amid ongoing volatility following President Donald Trump’s executive order to establish a U.S. Strategic Bitcoin Reserve. Bitcoin was trading at $81,712, down over 5 per cent but recovering from earlier lows, according to Coin Metrics. The reserve will be funded with bitcoin seized in criminal and civil forfeiture cases, with no […]

Bitcoin rebounds after Trump's news of new crypto to US reserve
News

Bitcoin rebounds after Trump’s news of new crypto to US reserve

Bitcoin surged more than 20% from last week’s lows on Monday, following U.S. President Donald Trump’s announcement that several cryptocurrencies would be included in a new United States strategic reserve. Other major digital assets also rallied sharply. In a post on Truth Social, Trump revealed that his January executive order on digital assets would establish […]

Bitcoin demand hits two-year high Argentina amid local currency crash
News

Bitcoin crashes below $79k, down 25% after January high

Bitcoin’s decline intensified on Friday, with the cryptocurrency trading at $78,403, down 8.94% from the previous close. This marks a significant downturn of over 25% since reaching an all-time high of $109,241 on January 20, 2025. The sell-off is part of a broader cryptocurrency downturn, with Ether, Solana, and XRP also experiencing sharp declines. “The […]

Bitcoin rises to $87,480 as crypto market gains momentum
News

Bitcoin plunges below $90,000 after Bybit hack fallout

Bitcoin fell below $90,000 on Tuesday, hitting its lowest level since November 18, as investor confidence took a hit from last week’s $1.5 billion hack of ether from the Bybit exchange and growing concerns over U.S. tariffs. The world’s largest cryptocurrency dropped 7.25% on the day to $87,169.76, extending a broader decline in the digital […]

Bitcoin demand hits two-year high Argentina amid local currency crash
News

Bitcoin trails gold as safe-haven assets demand rise

Bitcoin, after outperforming most asset classes in 2024, is now under pressure as Donald Trump’s potential White House return and rising geopolitical tensions drive investors toward traditional safe-haven assets. Year-to-date, Bitcoin has gained just over 3%, lagging behind gold’s 9% surge, according to Bloomberg data. Gold hit a record $2,882 per ounce after Trump’s Feb. […]

Bitcoin demand hits two-year high Argentina amid local currency crash
Crypto

Bitcoin hits new record ahead of Trump’s inauguration

Bitcoin hit an all-time high of $109,241 as the US braces for the inauguration of pro-crypto President-elect Donald Trump. The original cryptocurrency surged by 5.5% on Monday, setting a new all-time high. This rise followed the unveiling of memecoins by President-elect Trump and his wife, Melania, over the weekend. Trump’s memecoin quickly reached a market […]

Bitcoin demand hits two-year high Argentina amid local currency crash
News

Bitcoin nears $100,000 as US congress set to certify Trump

Bitcoin is nearing the $100,000 milestone as market momentum builds ahead of Donald Trump’s anticipated election ratification. The cryptocurrency climbed 1.41% on Monday to reach $99,871, capping a weekly gain of 5.66%—its strongest since November 24, according to Bloomberg data. Bitcoin’s remarkable rally in 2024 slowed in late December as investors took profits. Earlier, optimism […]

Bitcoin demand hits two-year high Argentina amid local currency crash
News

Bitcoin dips below $93,000 amid investor caution 

Bitcoin dropped significantly on Friday, reflecting broader investor caution toward risk assets. It briefly fell below $93,000 before recovering in volatile trading. Early Friday, Bitcoin was priced at $93,809.39, marking an 8% decline from the previous day when it was valued above $102,000. Bitcoin was trading at $93,809.39, according to Coin Metrics, marking an 8% […]

Bitcoin demand hits two-year high Argentina amid local currency crash
featured

Bitcoin hits new all-time high of $106,509

Bitcoin surged to a new all-time high on Sunday, reaching $106,509 as investors anticipated a potential interest rate cut by the Federal Reserve. The cryptocurrency gained over 4%, with its price settling at $105,207. Ether also rose by 4%, approaching the $4,000 mark, while the broader crypto market, represented by the CoinDesk 20 index, experienced […]

US SEC approves ETFs to track Bitcoin
featured

Bitcoin breaks $100,000 milestone for first time

Bitcoin has surpassed the long-awaited $100,000 threshold, reaching a new high of approximately $103,500, marking a significant milestone in its price trajectory. The cryptocurrency, which has been on an upward trend throughout 2024, is now up more than 140% for the year and has gained 48% since the recent elections. This surge follows a series […]

Bitcoin rises to $87,480 as crypto market gains momentum
News

Bitcoin drops to $93,000 after recent rise

The leading cryptocurrency, Bitcoin, has seen a pullback to $93,000 after briefly reaching a high of $99,000 earlier this week. This decline marks the longest losing streak for the digital asset since the surge sparked by Donald Trump’s election victory. With Bitcoin’s price now at $93,346, down 5.0% in the last 24 hours, market observers […]