Odds of Bitcoin price drop to $65K rise as private credit woes, US war rattle markets
A new war, private credit market weakness and spiking commodities prices add tail risk to Bitcoin’s price. Is $65,000 BTC’s next stop?
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A new war, private credit market weakness and spiking commodities prices add tail risk to Bitcoin’s price. Is $65,000 BTC’s next stop?
Bitcoin sold off below $70,000 on Friday, leading analysts to conclude that this week’s breakout to $74,000 was a relief rally rather than a longer-lasting sign of a trend change.
Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Profit-taking by short-term Bitcoin traders accelerated the BTC drop below $70,000, but spot and futures traders may kickstart a quick recovery.
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In a Cointelegraph interview, Arthur Hayes explains why global markets may not be pricing in a longer war in the Middle East, and what that may mean for energy prices, liquidity and Bitcoin.
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Kraken secures Fed payment access, MARA clarifies its Bitcoin treasury plans, Fold cuts $66M in debt, and analysts say NYSE tokenization could attract institutions.
Bitcoin Magazine Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin Investments The National Bank of Kazakhstan plans to allocate up to $350 million from the count...
The sharp move higher triggered heavy profit-taking from short-term holders, data shows.
Bitcoin erased its latest breakout attempt after hitting $74,000 as surprisingly weak labor-market data offered no tailwind to crypto or risk assets.