The US Bureau of Labour Statistics released the January 2025 employment data earlier today, briefly pushing Bitcoin (BTC) to $100,000 before it lost all its gains and tumbled back to the $98,000 price level. Bitcoin Rises And Falls Amid Mixed Employment Data Bitcoin spiked from approximately $97,200 to a high of $100,110 after the US…
View More Bitcoin Taps $100,000 But Fails To Hold Amid Mixed US Jobs Report
In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump’s inauguration could spur a Bitcoin (BTC) rally in Q1 2025. Money Printing To Propel Bitcoin? Despite surging past $100,000 on January 6, BTC faced a sharp decline to as low…
View More Bitcoin May Rally In Q1 2025 Driven By US Fed’s Money Printing, Predicts Arthur Hayes
A recent report by digital assets research firm 10x Research highlights that the US Federal Reserve’s (Fed) stance on interest rate cuts remains the most significant hurdle that could dampen the current Bitcoin (BTC) rally. Bitcoin’s Trump-Fuelled Rally At Risk Ahead Of FOMC Meeting Since pro-crypto Republican candidate Donald Trump secured victory in the November…
View More Trump-Fuelled Bitcoin Rally May Fade Ahead Of January FOMC Meeting: Report
In a recent memo shared with clients, Bitwise CIO Matt Hougan emphasized several factors that could cause Bitcoin (BTC) to “melt-up” to $80,000 in the last quarter of 2024. Factors To Propel Bitcoin To $80,000 Hougan highlighted three essential conditions that could push BTC to new all-time highs (ATH) in 2024. First, he pointed to…
View More Bitcoin’s Path To $80,000 “Melt-Up” In Q4 2024 – Details Inside