Stocks ended the week on a strong note, with the S&P 500 and Nasdaq Composite posting solid gains despite ongoing uncertainty around global trade. The S&P 500 gained 0.5% to close the week, while the Nasdaq added 0.9%. However, the Dow Jones Industrial Average lagged behind other indices, recording a small 47-point, or 0.1%, decline….
In April, many crypto market observers were writing about an ongoing decoupling or divergence of Bitcoin from equities, meaning that the trajectory of Bitcoin’s price took a different direction compared to stocks and equities. Bitcoin and Gold are up, while the American dollar and stocks are down. However, opinions among market experts on whether the…
Bitcoin and altcoin prices continued their recovery, and are on track for their best weekly close since January. The Bitcoin (BTC) price has jumped for three consecutive weeks and is now 28% above its lowest level this month. Most altcoins have also jumped, with the best weekly performers being Official Trump (TRUMP), Sui (SUI), Dogwifhat…
Former Trump insider Anthony Scaramucci warns that U.S. tariffs on major trading partners could hurt the economy but benefit Bitcoin. Fears over the effects of U.S. tariffs are still rocking the markets, with traders predicting a potential recession. One of them is Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director under…
Analysts warn that investors may shift to stock replacement strategies as Bitcoin approaches the upper end of its $73,000 to $94,000 range. Bitcoin’s (BTC) recent rally has put it at the upper end of its trading range, and analysts are now warning that investors may look to stocks as a safer alternative. With Bitcoin now…
Despite signs of long-term Bitcoin accumulation, Coinbase warns that near-term market weakness may persist until at least late Q2. Coinbase analysts are taking a more cautious stance on the short-term crypto market, with expectations that the floor may not come into view until late Q2. In a joint research report with blockchain analytics firm Glassnode,…
A fresh wave of excitement among retail traders has been triggered by Bitcoin’s rise above $94,000, but there are fears of a possible retracement. According to on-chain analytics firm Santiment, fear of missing out among smaller traders spiked soon after the Bitcoin’s (BTC) recent price jump. In a post published on Apr. 25 via X,…
ARK Invest, led by Cathie Wood, has raised its long-term Bitcoin price forecast, predicting the asset could reach up to $2.4 million by 2030. In its Apr. 24 report, ARK outlines three potential scenarios for Bitcoin’s (BTC) price by the end of the decade. The bearish case places Bitcoin at $300,000, the base case at…
If you’ve been watching markets and feel like they’ve lost the plot, you’re not alone. Bitcoin jumped over 6% in 24 hours, breaking above $94,000 on April 23, its highest level since March, before easing slightly to current levels. It broke out of its month-long trading range just as macro uncertainty peaked. Signals clashed. Logic…
Bitcoin is gearing up for a significant volatility event, triggered by $7.25 billion in options that are set to expire. Bitcoin’s (BTC) derivative market may soon become a catalyst for major moves for BTC. On April 25, $7.25 billion in Bitcoin options are set to expire, typically triggering significant volatility. Still, the direction of this…
