Bitcoin Sinks Again and Stocks Follow, as Fears of an AI Bubble Return
The cryptocurrency sank to $100K for the second time in less than a week as fears of an impending artificial intelligence (AI) stock crash gripped Wall Street. Bitcoin and Stock…
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Bitcoin Stabilizes, But Galaxy Research Cuts Year-End Forecast to $120K
The digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday belonged to the…
Bitcoin Dips as Polymarket Predicts a Decisive Zohran Mamdani Victory
The prediction market has assigned Zohran Mamdani a 93% probability of becoming New York City’s next mayor. Bitcoin Slips as Traders Fret Over Potential Mamdani Win Democratic socialist Zohran Mamdani…
Bitcoin Begins Recovery as Bessent Confirms US-China Trade Deal Will Be Signed Next Week
The cryptocurrency posted modest gains after slipping below $107K yesterday, triggering roughly $400 million in liquidations. Bitcoin Rises as Treasury Secretary Confirms Timing of US-China Trade Pact Reporting by the…
Bitcoin Tumbles as Fears of an AI Bubble Drag Stocks Down
The digital asset dipped below $107K on Thursday as concerns over excess investment in AI by tech giants triggered a stock market selloff. Bitcoin Slides as Anxiety Over an AI…
Bitcoin Dips After Powell Says a December Cut ‘Is Not a Foregone Conclusion’
The cryptocurrency briefly fell below $110K even after the U.S. Federal Reserve lowered its policy rate for the second time this year. Powell’s Hawkish Stance Sends Bitcoin Lower A second…
Bitcoin Whipsaws as Stocks Hit Record Highs
The digital asset briefly reclaimed $116K early Tuesday morning, after falling as low as $113K overnight. BTC Briefly Rebounds as Equities Hit New Peaks Stock markets were awash in green…
Bitcoin and Stocks Rally on Renewed Optimism for a US-China Trade Deal
The cryptocurrency topped $116K as tensions between the world’s two largest economies showed signs of easing. Markets Surge Amid Signs of a US-China Trade Resolution Although it was the marvel…
Bitcoin Briefly Climbs Past $111K After CPI Data Reveals Cooling Inflation
Friday’s consumer price index (CPI) is the only official economic data that has been published during the ongoing U.S. government shutdown. Bitcoin Tops $111K As Inflation Cools The pace of…
Bitcoin Briefly Touches $110K After US National Debt Surpasses $38T
The figure also represents “the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic,” according to the Associated Press. U.S. Debt Tops $38 Trillion, Bitcoin Tops…
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