Bitcoin Hits $124K Record
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Traders are braced for the latest U.S. inflation data that could unleash enthusiasm for risk assets if price pressures are seen to be
Bitcoin (BTC) snaps a two-day losing streak as ETF inflows boost demand, while key Fed events and U.S. data loom over BTC’s near-term price outlook.
U.S. Treasury Secretary Scott Bessent has reversed course, saying the government will explore budget-neutral ways to buy Bitcoin for its Strategic Bitcoin Reserve—just a day after ruling out purchases.
Bitcoin's (BTC-USD) price gapped down in Thursday late morning trading after hotter-than-expected inflation data dented expectations for interest-rate cuts by the Federal Reserve.
The Federal Reserve ends special crypto supervision, returning to routine bank oversight amid improved understanding of crypto risks and growing industry integration.
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Cryptopolitan on MSNBitcoin smashes record above $124K-401(k) crypto inclusion + Fed rate-cut hopes ignite rally
Bitcoin (BTC) notched a new all-time high above $124,000, capping a year-to-date climb of roughly 30-33% and nearly doubling from last year’s levels. The breakout is being powered by a potent mix of macro hopes for Federal Reserve rate cuts,
Bitcoin jumped 4% to a new record high above $124k on Thursday, driven by Fed rate-cut hopes and momentum from recent financial reforms.
Initially, Bessent disappointed Bitcoin fans Thursday morning when he said the U.S. government’s so-called strategic Bitcoin reserve, first announced by President Donald Trump in March, would not be stocked with newly purchased Bitcoin anytime soon.
Bitcoin surged on Monday to trade near record highs as investor enthusiasm and momentum around crypto grew amid Trump's recent Fed nomination and executive order allowing crypto investment in 401(k) retirement plans.
Bitcoin steadies near $119K as traders eye a 92.6% chance of a Fed rate cut in September. Technical setup points to a potential breakout toward $130K.
Bitcoin was down by more than 3% at below $119,000 Thursday morning, following the release of a hotter-than-expected producer-price index for July. "Cryptos have tanked on the back of the US PPI data as traders are worried about inflation and the Fed's next move,