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Circle stock price target slashed as bank labels it ‘Switzerland of stablecoins’

Circle stock price popped by over 35% on Wednesday, its best day since going public, after publishing stronger revenue and USDC stablecoin growth than expected. Summary Circle stock price soared after publishing strong financial results on Wednesday. Canaccord Genuity analysts maintained a bullish outlook for the stock. They slashed their CRCL stock target to $160,…

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Bitcoin price reclaims $68K amid short liquidations and bullish Nvidia earnings

Bitcoin price rebounded over 7% to $69,487 on Thursday amid a spike in short liquidations and improved risk-on sentiment following a bullish Nvidia earnings report. Summary Bitcoin price approached $70K amid a short squeeze and bullish Nvidia earnings report. Spot Bitcoin ETFs drew in $257 million in inflows on Wednesday.  According to data from crypto.news,…

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Bitcoin price rallies from Fibonacci support with volume

Bitcoin price has rebounded strongly from key Fibonacci support near $62,000 with rising volume, signaling growing demand and raising the possibility of a local bottom formation. Summary Bitcoin bounced from 0.786 Fibonacci support near $62K Increasing volume suggests genuine buyer demand Reclaim of point of control needed to confirm bullish continuation Bitcoin (BTC) price action…

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