Bitcoin brings the heat to risk assets as rapid new all-time highs spark widely varied BTC price targets.
Bitcoin news
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.
NYDIG’s research head Greg Cipolaro said “there are no excuses” for investors to shirk Bitcoin after Donald Trump and the Republicans’ election sweep.
About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.
CryptoQuant CEO Ki Young Ju tips Bitcoin to finish the year at $58,974 but another analyst disagrees, saying a major pullback is unlikely.
The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.
Bitcoin rallied 6.15% on Nov. 10 to reach another new all-time high of $81,358.
Bitcoin’s strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.
The United States dollar has lost approximately 96% of its value since the Federal Reserve Bank was established in 1913.
Bitcoin is on the road to deliver its best weekly performance since February following Trump’s reelection.