A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC).The analyst and trader pseudonymously known as Bluntz tells his 309,200 followers on the social media platform X that Bitcoin has witnessed “savage price action” after falling to around $89,
The cryptocurrency sector is optimistic of what is to come with Donald Trump serving as the next president. Optimism comes as many cryptocurrencies have hit all-time highs since Trump won the 2024 presidential election.
A new memecoin promoted by Trump on X and Truth Social has sent expectations of a Trump inauguration bombshell sky
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Bitcoin, once the rebel flag-bearer of the cypherpunk movement, now finds itself embraced by the institutions it was designed to circumvent.
The world’s second-largest cryptocurrency, ethereum, and XRP, also posted gains this week. Ethereum is currently trading at more than $3,425 at the time of writing. XRP, too, saw a breakout price exceeding $3, allowing it to reach a seven -year high, transforming the token into the world's third -highest valued cryptocurrency.
Bitcoin rallied to near all-time highs on Friday as three drivers are set to put the popular cryptocurrency into a new breakout rally. First, investors are shifting back into Bitcoin after a two-month trading range centered on the $100,000 price level. That price level serves as a psychological resistance price given its round numbers.
Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
Donald Trump launched the $TRUMP meme coin just ahead of his presidential inauguration. The valuation has soared, and he controls 80%.