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Bitcoin

All articles tagged with #bitcoin

Macro-Cue and Historic Squeeze Open Bitcoin’s Potential Bull-Reset
cryptocurrency6 hours ago

Macro-Cue and Historic Squeeze Open Bitcoin’s Potential Bull-Reset

Bitcoin jumped about 23% in the past week on a historic shorts squeeze and a macro catalyst from Treasury buybacks championed by Scott Bessent. Trading activity surged, open interest declined, and funding rates normalized as liquidations surged. The options market flipped to a negative skew, suggesting a momentum shift, while Bitcoin reclaimed major moving averages in four days—a pattern seen at prior cycle bottoms—fueling talk of a potential bull-market reset, even though BTC remains roughly 36% below its all-time high.

Bitcoin Pauses at $80K Ahead of Inflation Data
finance7 hours ago

Bitcoin Pauses at $80K Ahead of Inflation Data

Bitcoin’s rally hit resistance near the $80,000 level as traders await the latest U.S. inflation data (the PCE index). The price hovered around $79,000 after briefly exceeding $81,000, with some profit-taking after a strong run. ETF inflows underpin the move, but momentum signals suggest overbought conditions. A sustained break above $80,000 could open a path to roughly $95,000–$100,000, while failing to hold the level could trigger a near-term pullback.

Gold Climbs to Three-Month Peak as Bitcoin Hovers Around $80K
business8 hours ago

Gold Climbs to Three-Month Peak as Bitcoin Hovers Around $80K

Gold rose to a three-month high near $4,696/oz as a weaker dollar and falling yields boosted demand, while Bitcoin briefly topped $80,000 for the first time in three months. July gold-backed ETF inflows reached about $3 billion, and the World Gold Council noted softer data and bond buybacks helping the rally, signaling a nascent gold rebound that’s moving in tandem with BTC amid macro uncertainty.

Bitcoin Rally Stoked by Fiscal Fears and Policy Shifts
finance2 days ago

Bitcoin Rally Stoked by Fiscal Fears and Policy Shifts

Bitcoin jumped toward $80,000 on renewed macro momentum, aided by lower yields from long-dated Treasury buybacks and clearer regulatory prospects, with record ETF inflows and short-covering helping the move. Analysts say the rally could self-sustain if buying interest remains, but a durable new trading range still depends on sustained demand and is subject to policy/regulatory developments.

Bitcoin Sparks 23% Weekly Rally as Bond Moves Fuel a Debasement Thesis
markets3 days ago

Bitcoin Sparks 23% Weekly Rally as Bond Moves Fuel a Debasement Thesis

Bitcoin jumped about 23% in the week as stocks fell, gold rose and the dollar weakened, marking one of its strongest digital-gold weeks and fueling talk of a ‘debasement trade’ driven by government bond actions. Treasuries briefly pushed yields lower before clawing back much of the move, while BTC’s stock correlation collapsed and its link to gold strengthened, signaling a notable macro shift.

Dalio Urges Bond Selloff, Gold and Bitcoin as Debt Risks Rise
finance4 days ago

Dalio Urges Bond Selloff, Gold and Bitcoin as Debt Risks Rise

Billionaire Ray Dalio says investors should underweight bonds and allocate about 10-15% of portfolios to gold, with a smaller allocation to Bitcoin, to hedge against a potential U.S. debt crisis in roughly three years. He advocates broad diversification across assets and countries, notes rising long‑term yields and fiscal strains, and argues that non‑government money like gold and Bitcoin could perform well if deficits persist and currencies weaken. He also calls for reducing the budget deficit toward 3% of GDP through spending cuts, higher revenue, and lower interest costs.

Gold and Bitcoin surge as Treasury moves spark crypto rally
business4 days ago

Gold and Bitcoin surge as Treasury moves spark crypto rally

Bitcoin jumped through the $67,000 level and gold rose as U.S. Treasury buybacks and a weaker dollar boosted risk assets, fueling a high-momentum week for crypto. Regulators signaled a friendlier stance on crypto finance, with the CFTC weighing easier rules, while political figures like Trump continued to push crypto-friendly policies; the rally was helped by bears covering positions, with billions in bearish crypto bets liquidated by week’s end.

New York grandmother found dead near Las Vegas airport after disappearance and bitcoin-text messages
crime4 days ago

New York grandmother found dead near Las Vegas airport after disappearance and bitcoin-text messages

A 63-year-old New York grandmother, Alisa Goods, disappeared while visiting Las Vegas and was later found dead near the Harry Reid International Airport. Surveillance footage reportedly showed Goods falling down an embankment on the day she disappeared, and her family says unusual text messages from her phone asking for gas money and Bitcoin prompted fears she’d been kidnapped as police continue to investigate.

Strategy Rebounds to $1.4B Unrealized Gain as BTC Surges
business4 days ago

Strategy Rebounds to $1.4B Unrealized Gain as BTC Surges

Strategy, the Bitcoin treasury vehicle led by Michael Saylor, has swung from about $13 billion underwater in July to roughly $1.4 billion in unrealized gains as Bitcoin trades around $77,000. The firm holds 840,447 BTC acquired at an average price of $75,385, with BTC near its average purchase price helping lift the position back into the black. The rebound follows the company selling BTC earlier this year to fund STRC buybacks and dividends, including 6,948 BTC sold for $432.5 million since May, and later raising $334 million via MSTR share sales to boost its cash cushion to about $4.8 billion. Shares rose about 10% pre-market on the rally, though BTC remains below its October peak.

Bitcoin nears $80,000 as Hyperliquid steals the crypto spotlight
crypto5 days ago

Bitcoin nears $80,000 as Hyperliquid steals the crypto spotlight

Bitcoin surged to about $78,200—its highest since May and on track for near-$80k—while Hyperliquid, a decentralized perpetual futures platform, posted record activity and a roughly 195% year-to-date rise in its HYPE token, drawing substantial trading volume away from spot BTC. The rally was supported by macro factors and earlier short liquidations, and it comes amid ongoing U.S. regulatory chatter—Trump’s push for crypto framework and the CFTC’s push for clearer rules—which has boosted sentiment in the crypto space. Overall, the crypto market has gained around 25% over the past week.

Dalio warns debt trap ahead; gold and bitcoin as hedges take center stage
business5 days ago

Dalio warns debt trap ahead; gold and bitcoin as hedges take center stage

Ray Dalio says the Treasury’s debt-buyback move, along with widening deficits and higher long‑term yields, signals a potential U.S. debt crisis and urges investors to hedge with gold and a modest bitcoin position. He outlines a three‑part fix—cut spending, raise taxes, and lower interest rates—emphasizing gradual steps to avoid trauma, with the crisis timing possibly within one to five years.

Bond intervention shakes dollar, sending bitcoin and gold higher
business5 days ago

Bond intervention shakes dollar, sending bitcoin and gold higher

Bitcoin and gold jumped as US Treasury Secretary Scott Bessent pledged to at least double long-term bond purchases, weakening the dollar and reviving debasement trades. Bitcoin rose about 23% for the week to around $77,380, its best in over three years, while gold climbed ~1.5% to about $4,585 per ounce and eyes its biggest monthly gain since 1999. Investors debated the policy’s effectiveness in stabilising long-dated yields, with bets increasingly placed on non-dollar stores of value even as crypto equities and other digital assets rallied amid a broader regulatory and market momentum.