Tag: High

Top 3 reasons Bitcoin price will soar to a new all-time high

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Bitcoin price resumed its upward trend this week as it crossed the important resistance at $97,000 and reached its highest level since February.  Bitcoin (BTC) was trading around $96,500 at last check Saturday. That’s up 30% from the lowest in April. This article looks at some of the top three reasons it may surge to a new all-time high this year. Bitcoin supply in exchanges is falling The first main bullish aspect is that the supply of Bitcoin on exchanges has tumbled to 1.42 million, the lowest level in over…

Bitcoin data, macroeconomic charts point to new BTC all-time high ‘in 100 days’ — Analysts

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Key Takeaways: Bitcoin network economist Timothy Peterson raised Bitcoin’s (BTC) chances of hitting a new high in 100 days, and he maintains an optimistic outlook in 2025.  In an analysis shared on X that ties BTC’s price action to the CBOE Volatility Index (VIX) —an indicator that measures 30-day market volatility expectations — the analyst pointed out that the VIX index has dropped from 55 to 25 over the past 50 trading days. A VIX score below 18 implied a “risk-on” environment, favoring assets like Bitcoin.  Peterson’s model, which had…

Bitcoin Dominance Hits 4-Year High on U.S. Jobs Shift

Key Notes Bitcoin dominance has jumped to 64.89%, marking a four-year high. Stronger-than-expected US job data has delayed hopes for rate cuts, with key implications for BTC. Market focus has shifted to Bitcoin amid sustained institutional inflows. Current market data shows that Bitcoin dominance in the digital asset market has reached its highest level in four years. This increase comes as the latest U.S. job data has given investors reason to reassess their economic expectations, affecting Bitcoin’s breakout potential. US Job Data Exceeds Expectations According to recent reports, the U.S.…

Bitcoin hits new 10-week high as Trump demands rate cut on US jobs beat

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Key points: The US labor market is “still holding up” as nonfarm payrolls data comes in higher than expected. Bitcoin and stocks head higher as US President Donald Trump repeats calls for the Fed to lower interest rates. BTC price action may spark a “liquidity grab” above $97,000, a trader warns. Bitcoin (BTC) hit new multimonth highs after the May 2 Wall Street open as US nonfarm payrolls data beat expectations. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin meanders after nonfarm payrolls beat Data from Cointelegraph Markets Pro and TradingView showed…

Nears $100,000 Mark Post Breakthrough Of 10-Week 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. Este artículo también está disponible en español. The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. …

Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment

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Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment.  Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market cap memecoins, Santiment marketing director Brian Quinlivan said in a May 1 blog post. “Online discussions about these high-risk tokens have proliferated as traders embrace a gamble mindset, rather than a calculated investment approach,” he…

Will Bitcoin price hit an all-time high in May?

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Bitcoin price started the month on a strong note, crossing the important resistance level at $96,000 for the first time since February. Bitcoin (BTC) jumped above $97,000, up by almost 30% from its lowest level in April. Its rally occurred as investors adopted a risk-on sentiment, with the Crypto Fear and Greed Index rising to 55.  U.S. stocks also continued their upward momentum, with the Dow Jones and Nasdaq 100 indices both jumping by over 350 points. Below are the top three reasons why Bitcoin may be on its way…

Indian high court orders steps to block Proton Mail

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A court in India has ordered the encrypted email service Proton Mail blocked in the country for refusing to share information with authorities. In an April 29 hearing of the High Court of Karnataka, Justice M Nagaprasanna ordered the government to “block forthwith” domain names associated with Proton Mail, citing authority under the country’s Information Technology Act of 2008. The order stemmed from a complaint filed in January by a New Delhi-based design firm, alleging that some of its employees received offensive emails through the service.   It’s unclear whether the…

Bitcoin Profit Supply Hits Historic High: Is $100K Next?

Key Notes Bitcoin’s supply in profit has exceeded 85%, nearing the historic 90% euphoria threshold. Whale wallets have recorded $150B in unrealized profits since the start of April. Bitcoin’s 30-day demand momentum remains negative, signaling potential resistance ahead. Bitcoin’s recent move above the $94,000 range has sparked discussions of a possible parabolic shift, especially as on-chain metrics show signs of approaching euphoria. One such metric, the “supply in profit,” has now rebounded above 85%, inching close to a major 90% threshold. Historically, this level has acted as a trigger point,…

Bitcoin’s Net Taker Volume Turns Positive, New All-Time High Incoming?

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Bitcoin gradual recovery continues, with the asset currently trading at $95,409 after posting a 1.7% gain over the past 24 hours. In the last two weeks, BTC has climbed nearly 15%, recovering steadily from its recent period of correction. While the momentum appears measured compared to past breakouts, the underlying market data suggests that structural shifts are underway that could influence the next major move. So far, several indicators are pointing toward improving sentiment, particularly within the derivatives market, which now dominates Bitcoin’s overall trading volume. Recent observations from analysts…