In a frenetic start to the trading day, gold has vaulted past the $4,000 milestone, setting a record thatâs rippling across global markets and sending investors scrambling for defensive hedges. This surge in precious metals comes amid the U.S. dollarâs renewed strength; Bitcoin, which earlier... ... Read full đĄđ CryptMarket Analysis â 10-10-12
According to Bloombergâs top strategist Mike McGlone, Bitcoin could lose half of its value against gold. He warns that the Bitcoin/gold ratio, which is currently around 30 ounces of precious metal for 1 BTC, could fall back to the mid-teens once market volatility returns.Such a drop would erase yearâŠ
Spot Bitcoin ETFs saw the second-largest weekly inflow since approvals were granted in the United States last year.
Key takeaways:Bitcoinâs correlation with Nvidia has surged to 0.75, its highest in a year.Analysts fear such a correlation may result in BTC price dropping by up to 80%.Bitcoin and Nvidia stock (NVDA) are now moving more in sync than at any point in the past year. That has some market watchers worrâŠ
Bitcoin may be sitting at record highs, but a key long-term price gauge suggests the worldâs largest cryptocurrency still has plenty of room to climb.Key Takeaways:The Mayer Multiple shows Bitcoin remains far from âoverbought,â suggesting room for further upside toward $180,000.Current readings of 1âŠ
Over $5.6 billion in Bitcoin and Ethereum options are set to expire today, driving heightened volatility as traders confront critical support levels.This expiry could spark the next big shift in crypto prices, with both bullish conviction and downside risk on display.Billions on the Line: Option ExpâŠ
Bitcoin has traded mostly sideways this week, hovering near $121,300 after a mild 1% weekly rise. On the surface, the Bitcoin price move seems uneventful, but a closer look at key chart structures and investor behavior suggests that the next big breakout might need one more correction before it hapâŠ
The Japanese yen has weakened significantly, trading past „153 per US dollar for the first time since February. This has reignited concerns over the yen carry trade and its potential to trigger a global financial upheaval.The Bank of Japan faces a critical choice: raise interest rates to support a pâŠ
XRPâs performance in the ongoing 2025 bull run has become one of the most discussed topics in crypto, as the token continues to challenge the dominance of Bitcoin, Ethereum, and BNB. In a recent video shared on the social media platform X, crypto commentator Zach Rector described what he called the âŠ
Luxembourgâs sovereign wealth fund has become the first in the Eurozone to invest in Bitcoin, allocating 1% of its $730 million portfolio to Bitcoin exchange-traded funds (ETFs). Finance Minister Gilles Roth announced the decision on Thursday, marking a turning point in how state capital interacts wâŠ
Bitcoin price corrected gains and traded below the $124,000 level. BTC is now struggling and might continue to move down below $120,000.Bitcoin started a downside correction below the $123,200 level.The price is trading below $123,000 and the 100 hourly Simple moving average.There is a bearish trendâŠ
Privacy blockchain Monero has rolled out a new client update to provide users with greater security against âspy nodesâ on the network. The âFluorine Fermiâ software update was announced via X on Thursday, with the team stating it is âa highly recommended release.âThe term âspy nodesâ is part of theâŠ
Cardano founder Charles Hoskinson has theorized that the concept of a four-year cycle for Bitcoin is fading away after holding sway for nearly 13 years.