A crypto analyst reiterates that “some of these” Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking.
Cryptocurrencies news
ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.”
XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration.
Bitcoin is witnessing a shallow pullback, but bulls still anticipate a rally toward $100,000 in the short-term.
Analysts say a “higher than normal influx of stablecoins to exchanges is just one sign that traders are preparing for the next leg of the Bitcoin rally.
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
Bitcoin’s price tumbled after the United States Federal Reserve Chair Jerome Powell cast doubt on an interest rate cut in December.
Bitcoin’s correction reflects investors’ inflation concerns and highlights the potential impact of future US fiscal policies.
PEPE hits new highs following several major exchange listings.
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