BTC

Bitcoin and Ethereum are showing signs of recovery, hinting at an upcoming bullish season. As market leaders regain their strength, other cryptocurrencies could also see significant gains. This article highlights the altcoins poised for potential explosive growth in the coming autumn months, providing insights into which digital assets might offer the most promising opportunities. Bitcoin Bitcoin is currently battling between $51,786 and $59,008, as both bulls and bears vie for control. Although the price remains below the recent high of…

The wider cryptocurrency market has seen an inflow of activity in altcoins as Bitcoin (BTC) and Ethereum ( ETH) struggle recently, especially following the underperformance of pro-crypto candidate Donald Trump in a recent debate. Many investors are now looking towards promising cryptocurrencies, including Rexas Finance (RXS), Toncoin (TONNE), and Avalanche (AVAX), as possible keys to unlock new prospects after the Crypto Fear and Greed Index dropped to 31, signifying notable fear. Why Whales are Leaving Bitcoin Long regarded as the…

MicroStrategy has made a remarkable financial maneuver by converting $1.1 billion worth of its shares into 18,300 Bitcoin (BTC). The latest Form 8-K filings with the U.S. Securities and Exchange Commission (SEC) confirmed this purchase. It took place between August 6, 2024, and September 12, 2024. MicroStrategy Inject Billions Into Acquiring Bitcoin Consequently, MicroStrategy’s total Bitcoin holdings have increased to about 244,800, acquired at an average price of $38,585 per Bitcoin. Following a strategic plan, the company announced on August…

Gold has just broken out to a new all-time high of $2,570, while silver has just hit $30. Could Bitcoin now follow? The traditional hedges when the economy is sliding have always been gold and silver. This has remained true even today. Ill winds are blowing for world economies, as spending continues to be out of control and globalism retreats. Bullish breakout for gold Source: TradingView The weekly chart for gold shows that a very bullish breakout has just taken…

Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase. The likelihood of a 25 bps rate cut increased from 66% to 85%, while the chances of a 50 bps rate cut dropped from 34% to 15%. Meanwhile, Bitcoin…

This Summer has not been particularly fruitful for the Bitcoin price. Six months of long, grinding, sideways and downwards price action has made it difficult for investors to stay positive. However, a wind of change is blowing across markets. Upward price momentum is potentially on the way. Spot Bitcoin ETFs were the catalyst for the all-time high The Spot Bitcoin ETFs were a huge boost to the Bitcoin price, and there’s no denying it. This had the effect of putting…

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000 mark. However, he also indicates that Bitcoin is poised to reach new all-time highs regardless of the election outcome, with an anticipated value of $75,000…

The post Bitcoin Price Prediction 2024 – 2030: Can BTC Price Still Hit $100K This Year? appeared first on Coinpedia Fintech News Story Highlights The live price of the Bitcoin token is  $ 58,047.91131883 If Bitcoin successfully retests its ATH, its price is expected to reach $100k. BTC price is expected to make a meteoric rise toward $347,782 by 2030. With the crypto market regaining momentum, the Bitcoin price surpasses the $58,000 level. The positive trend on the daily chart hints…

Bitcoin (BTC) and the larger crypto market made an impressive recovery following the August CPI remote, with almost all major cryptocurrencies in positive territory. BTC is up 3.44%, while Ethereum (ETH) is up nearly 2%, inching toward the $2,400 mark. Other major gainers include Solana (SOL), Toncoin (TON), Ripple (XRP), and Dogecoin (DOGE).  Crypto markets remained relatively calm following the August CPI report before a steady uptick. The August CPI data showed a slight increase in the monthly inflation rate,…