Klippsten warns that relaxed regulations under Trump could trigger a chaotic altcoin surge, drawing liquidity away from Bitcoin.
Bitcoin news
As Scott Bessent and John Paulson emerge as leading candidates for US Treasury Secretary, the community is curious about their stance on crypto.
The last time the Crypto Fear & Greed Index had a score of 80 was on April 9, just before Bitcoin saw an over 18% correction over the following three weeks.
United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
In comparison, Bitcoin’s second-best daily gain occurred in August 2021, when the price rose over $7,576 in 24 hours, from $38,871 to $46,448.
El Salvador and Bhutan see major gains in Bitcoin holdings as BTC nears $90,000, raising the value of their crypto assets by millions amid the latest market rally.
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.
The US banking crisis is what catalyzed the 2023 bull run, according to BitMEX’s Arthur Hayes.
Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers.
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.