With the latest rally to a new all-time high above $125,700, the Bitcoin price looks to have begun another path that could lead to multiple new all-time highs. At this time, market sentiment has moved back into the positive, and this continues to show in the way the price has held above $120,000 despite the corrective dips. Crypto analyst CrediBULL Crypto believes that this means that the Bitcoin price is set on its path to $150,000, so this report takes a look at the breakdown. Why The Bitcoin Price Is…
Day: October 7, 2025
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Dollar Weakens, Investors Shift to Bitcoin and Gold
Key Notes The Citadel executive stated that investors are preferring gold, Bitcoin, and silver as a “de-risking” strategy amid US fiscal and monetary policies. The rally is fueled by expectations of Fed rate cuts, the ongoing federal government shutdown, and declining confidence in the US dollar. The US dollar’s share of global central bank reserves fell to 56.3% in Q2 2025, the lowest since 1994. Bitcoin BTC $124 215 24h volatility: 0.2% Market cap: $2.47 T Vol. 24h: $67.99 B , gold, and silver prices have been hitting all-time highs…
India to Launch RBI Digital Currency for Faster, Safer Payments
Key Notes India is planning to launch an RBI-backed digital currency. The initiative aims to ensure transparency and curb illegal transactions. Minister Piyush Goyal says the new system will work like regular money but on blockchain. India is preparing to debut its own digital currency backed by the Reserve Bank of India (RBI) guarantee, like normal currency. The initiative is part of India’s growing focus on integrating blockchain technology into its financial ecosystem. Union Minister of Commerce and Industry Piyush Goyal announced that the move aims to make transactions faster,…
Bitcoin Hits New ATH as Spot ETFs See 2nd-Highest Daily Inflow
Key Notes Bitcoin jumped to a record $126,198 before easing slightly amid profit-taking. US spot Bitcoin ETFs saw record inflows, fueling the rally. Senator Lummis hinted that funding for the US Bitcoin reserve could begin “anytime”. Bitcoin BTC $124 126 24h volatility: 0.1% Market cap: $2.47 T Vol. 24h: $68.61 B has recently hit resh all-time highs above $126,000, propelled by record-breaking inflows into US spot exchange-traded funds (ETFs) and renewed “Uptober” market optimism. The world’s largest cryptocurrency briefly touched $126,198 during the late hours of Oct. 6 before light…
The truth about trading with leverage
Who is James Wynn? Before his headline-making trades, James Wynn was already experimenting with high-leverage strategies on memecoins, an approach that later pushed him into the spotlight. James Wynn is a pseudonymous crypto trader who came to prominence in 2022-2023 via memecoins. One of his earliest public breakout moves was turning a modest investment into a multimillion-dollar return via Pepe (PEPE) when its market capitalization was tiny. That PEPE trade established several hallmarks of his style: high leverage, aggressive risk-taking and a strong “narrative” component with calls on social media…
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Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next?
An analyst has pointed out how Ethereum has seen a sell signal on the Tom Demark (TD) Sequential alongside the retest of a key resistance line. Ethereum Is Trading Around Upper Boundary Of Descending Channel In a new post on X, analyst Ali Martinez has talked about how Ethereum is looking from a technical analysis (TA) perspective. First, Martinez has pointed out that ETH has been trading inside a Descending Channel for the last couple of months. The Descending Channel refers to a consolidation pattern that forms whenever an asset’s…
Dutch crypto firm Amdax raises $35m to buy Bitcoin
Dutch cryptocurrency firm Amdax raised 30 million euros to start its Bitcoin treasury initiative AMBTS. The firm aims to covet 1% of the total BTC supply. Summary Dutch crypto firm Amdax has completed its €30 million ($35 million) funding round to launch Amsterdam Bitcoin Treasury Strategy. The firm aims to accumulate up to 210,000 BTC, potentially becoming the second-largest corporate Bitcoin holder after MicroStrategy On Oct. 7, Reuters reported that the Dutch crypto firm has recently finished its funding round for its Bitcoin treasury initiative, having reached its initial target…
Bitcoin ETFs see second-highest inflow day as BTC price holds above $124K
Bitcoin ETFs just logged their second-highest inflow day as institutional interest surrounding BTC continues to rise after the flagship crypto’s new peak on Monday. Summary Bitcoin ETFs pulled $1.19 billion in net inflows on October 6. BlackRock’s IBIT led with $969.95 million, followed by Fidelity’s FBTC and Bitwise’s BITB. Bitcoin price holds support at $122,000 and could climb to $127,000 and $128,500 if positive sentiment remains. Bitcoin ETFs have recorded the second-highest day as positive sentiment swarms the crypto market and BTC price holds above $124,000. The rally signals a…