Tag: High

Bitcoin’s ‘fair value’ could be as high as $230K, Bitwise analysts forecast

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Key takeaways: Bitwise predicts Bitcoin could hit $200,000 by year-end, with a potential “fair value” of $230,000. Trump’s proposed tax cuts and rising US debt position Bitcoin as a hedge against sovereign default risks. Bitcoin’s OTT signal suggests strong momentum after a dip to $100,000. Bitcoin (BTC) could surpass $200,000 by the end of the year and eventually reach its estimated “fair value” of $230,000, according to Bitwise researchers André Dragosch and Ayush Tripathi. Trump’s “One Big Beautiful Bill Act” is bullish for Bitcoin In their weekly crypto outlook, Dragosch…

Bitcoin ETF Inflows Rise Again As BTC Price Eyes All-Time High

Key Notes Fidelity’s FBTC and BlackRock’s IBIT led the charge with $173 million and $120.9 million in inflows. BlackRock’s IBIT ETF has set a new record, reaching $70 billion in assets under management in just 341 days. Bitcoin’s funding rate flipped positive at 0.0017%, reflecting bullish sentiment and increased demand for long positions. Bitcoin ETF inflows have resumed once again this week, reaching $386 million on Monday amid renewed institutional optimism as Bitcoin price BTC $108 931 24h volatility: 1.2% Market cap: $2.17 T Vol. 24h: $38.43 B jumps 4%…

Ethereum Reclaims $2,700 as Staked ETH Hits Record High

Key Notes With nearly 29% of the total ETH supply locked up in staking, the bulls might just have the upper hand. ETH rallied over 7%, briefly touching $2,724 before settling around $2,666.16, driven by renewed institutional interest. Ethereum’s dominance in stablecoins and tokenization has drawn Wall Street attention. Ethereum ETH $2 676 24h volatility: 7.4% Market cap: $323.00 B Vol. 24h: $26.91 B surged above the $2,700 mark for the first time in nearly two weeks, rallying 7.17% over the past 24 hours, touching an intraday high of $2,724,…

Bitcoin Price Rises Again—Are Bulls Charging Toward a New All-Time High?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price started a fresh increase above the $106,000 zone. BTC is now consolidating and might attempt to clear the $110,500 resistance. Bitcoin started a fresh upward move above the $107,000 zone. The price is trading…

Bitcoin price all-time high hindered by macroeconomic fears

Key takeaway: Bitcoin (BTC) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics. Broader macroeconomic tensions persist, and Bitcoin continues to show a strong correlation with the stock market, limiting its short-term upside potential. Some analysts anticipate Bitcoin could rally to $150,000 as the US government nears a $4 trillion increase to its debt ceiling. However, futures market data suggests short-term hesitance, likely driven by unfavorable macroeconomic signals and a misreading of…

Pakistan Crypto Minister and NYC Mayor in High Level Bitcoin Partnership Talks

Key Notes The Minister of State for Crypto and Blockchain in Pakistan met with Cantor Fitzgerald CEO Lutnick to discuss Bitcoin. Pakistan is working on launching its national strategic Bitcoin reserve and boosting its industry position. A broader Bitcoin market shift is growing with the nation-state adoption. Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, may collaborate with Wall Street. According to an X post by the Pakistan Crypto Council, Saqib met with Brandon Lutnick, the Chairman and CEO of Cantor Fitzgerald, a global financial services firm. …

Bitcoin RSI Dips Below 30—Is A New All-Time High Next?

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Data shows the 14-day Bitcoin Relative Strength Index (RSI) has dropped into the oversold region. Here’s what this could mean for the asset. Bitcoin RSI Has Breached Below The 30 Mark In a new post on X, analyst Axel Adler Jr has talked about the latest trend in the RSI of Bitcoin. The “RSI” refers to an indicator from technical analysis (TA) that measures the speed and magnitude of changes occurring in any given asset’s price over a specific period. In the current case, the period is 14 days. This…

Bitcoin ETF inflows hit $5.2b as all-time high fuels institutional demand

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In May, key trends in crypto centered on institutional interest in Bitcoin and Ethereum ETFs, driven by positive regulatory developments. Strong inflows into Bitcoin (BTC) and Ethereum (ETH) exchange traded funds coincided with Bitcoin reaching a new all-time high in May. According to a Binance Research report, released on June 5, crypto markets remained resilient despite volatility triggered by uncertainty around U.S. trade policy. Heightened volatility led to nearly $1 billion in liquidations following the trade agreement between the U.S. and the U.K. An additional $183 million in liquidations occurred…