Bitcoin and the Japanese yen are moving together like never before
The 90-day correlation between bitcoin and JPY has risen to a record high of over 0.85. Bitcoin BTC$91,915.15 traders may want to add the Japanese yen (JPY)…
Tag: cryptocurrency
Binance Denied It Helped Trump’s Crypto Venture—But A $2B Deal And A Presidential Pardon Have Lawmakers Asking Questions
The world’s largest cryptocurrency exchange finds itself at the center of a political firestorm over allegations that it helped boost a Trump family–linked stablecoin just…
Bitcoin faces 3 headwinds as the cryptocurrency sits 28% below record high
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since June 2022. As prices hover around $91,000 per token, or…
Bitcoin Ready for ‘Big Moves’ on 91% Chance of Fed Rate Cut: Crypto Daybook Americas
It’s a tough market to trade as bitcoin’s BTC$121,553.82 price swings sharply. Following a late Thursday drop from $123,000 to $120,000, BTC has recovered to trade around…
Bitcoin and Ether ETFs Saw Big Inflows Tuesday as Investors Bought Dip
The spot bitcoin funds drew in nearly $900 million, while the ether ETFs pulled more than $400 million. Bitcoin BTC$123,477.68 and ether ETH$4,515.86 prices dropped sharply on Tuesday, but…
US Regulators Probe 200+ Firms Over Unusual Trading Ahead of Crypto-Treasury Deals
US regulators are reportedly probing more than 200 firms with crypto treasuries over insider trading. The Securities and Exchange Commission (SEC) and the Financial Industry…
Bitcoin Hits New Record High, Surging to $109.4K
The price surpassed the giddy level hit just hours prior to the inauguration of President Trump on January 20. Bitcoin BTC$106,546.31 clinched a fresh record price…
Bitcoin Nears Capitulation as Short-Term Holders Face Deep Losses
STH MVRV dropped to 0.82, signaling investor stress — while long-term holders quietly accumulate. Bitcoin’s (BTC) on-chain metrics are flashing a key signal once again,…
After Four Straight Monday Declines, What’s on the Cards for Bitcoin?
Over the past three months, weekends have underperformed weekdays, due to global uncertainty. Bitcoin (BTC) investors are looking to move past four consecutive Monday losses.…
Bitcoin Tops $100K After U.S. Added Fewer Than Forecast Jobs in January
The unemployment rate fell to 4%, rather than holding steady at 4.1%. Bitcoin (BTC) snapped a three-day decline after January job growth in the U.S.…