Tag: High

Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside

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Bitcoin continues to show signs of recovery as its price rebounds from a brief correction last week. At the time of writing, the crypto is trading at $109,693, reflecting a 0.4% increase over the past 24 hours. Despite this upward movement, the current price remains roughly 2% below its all-time high of over $111,000, recorded last month. This ongoing strength in price performance has been accompanied by notable on-chain signals, particularly from large holders. CryptoQuant contributor Crypto Dan recently analyzed the current market structure and behavior of Bitcoin whales. Bitcoin…

Bitcoin Bullishness Hits 7-Month High

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Bitcoin’s several breakouts past $110,000 this week have pushed bullish market sentiment to a seven-month high, which was last seen during US President Donald Trump’s election win. As of June 11, there are 2.12 positive Bitcoin comments for every negative comment on social media, crypto analytics platform Santiment said in a June 11 X post.  This is the highest ratio since Nov. 6, the day after Trump won the presidential election, when Bitcoin surpassed $70,000 for the first time. Retail interest in Bitcoin has been lagging this cycle, with Bitcoin’s…

Bitcoin nears All-time high after Trump’s US-China Trade Deal

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Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal. The world’s largest trading economies have nearly finalized their trade agreement, according to a June 11 post on Truth Social by US President Donald Trump. “Our deal with China is done, subject to final approval with President Xi and me,” Trump said. “We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent.” Source: Donald J. Trump While…

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…