Key points: Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past few days, but the rally above $105,500 on May 18 increases the possibility of an upside breakout. Popular trader Alan said in a post on X that Bitcoin could soar to $116,000 early next week. Another bullish voice was that of Bitwise chief investment officer Matt Hougan.…
Day: May 19, 2025
Crypto’s Historic Moment: Senate Expected to Pass GENIUS Act This Week
A landmark U.S. Senate vote looms on the GENIUS Act, a game-changing bill set to redefine stablecoin regulation, supercharge dollar dominance, and electrify crypto innovation. Bullish Crypto Countdown: Historic Senate Vote on GENIUS Act Imminent U.S. Senators Bill Hagerty (R-TN) and Kirsten Gillibrand (D-NY) released statements on May 16 in Nashville expressing renewed support for […] Source CryptoX Portal