Psychology

Bitcoin Nears $100,000 as Crypto Market Cap Exceeds $3 Trillion

Bitcoin Nears $100,000 as Crypto Market Cap Exceeds $3 Trillion

Bitcoin has been steadily approaching that all-important psychological barrier of US$100,000, currently trading at US$98,616.56. The non-fungible token or NFT friendly cryptocurrency has risen 2.19% so far on the day. The global cryptocurrency market exceeded an all-time high combined market capitalisation of US$3.04 trillion. It’s already up 1.86% today alone!Bitcoin’s...

Tariff Tides How Trade Policies Could Steer Crypto Fortunes

Tariff Tides How Trade Policies Could Steer Crypto Fortunes

The cryptocurrency landscape is rapidly changing, still reeling from global economic policies and crystallizing ties to traditional financial markets. Since January 2024, spot Bitcoin ETFs have turned the tables. For better or worse, cryptocurrencies have begun to act more like traditional assets, in particular tech darlings of the stock market....

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Bitcoin price is still riding high on bullish momentum. It has moved well beyond the $95,000 threshold, raising the prospects of a move toward $100,000. Bulls are clearly on the offensive trying to defend price above this important threshold. If they try, they’ll almost certainly run into fierce resistance from...

Bitcoin Sentiment Rebounds as Whales Accumulate, Eyes Turn to May

Bitcoin Sentiment Rebounds as Whales Accumulate, Eyes Turn to May

Bitcoin is rebounding nicely this month, back above $40k and up 25% from its early April bottom. This powerful rebound is a clear sign of the changing sentiment among investors. Now, large-scale investors—dubbed whales—are leading the charge on this resurgence. Their massive hoarding of Bitcoin has assisted in keeping the...

Crypto Market Soars Amidst Institutional Investment and Economic Shifts

Crypto Market Soars Amidst Institutional Investment and Economic Shifts

As you can see, today the crypto market has more than doubled in value since the beginning of May. This momentum is fueled by rapid institutional adoption, economic headwinds, bullish market sentiment and constructive political developments. Bitcoin, the trailblazer of the crypto universe, has broken past the $94,000 threshold. After...

XRP Navigates Bearish Pressure as Analyst Predicts Potential Reversal

XRP Navigates Bearish Pressure as Analyst Predicts Potential Reversal

At writing time, XRP is trading at a price of $2.04 on the 1D chart, experiencing a bearish sentiment in the last 24 hours. Even with the ongoing dip and bearishness among investors, some analysts remain bullish on XRP’s long-term potential. Their rallying cry is that there’s still hope for...

Crypto Market Sees Mixed Performance as TRUMP Token Leads Gains

Crypto Market Sees Mixed Performance as TRUMP Token Leads Gains

Cryptocurrencies were a tale of two cities on the day, with TRUMP token at the top of the movers list. This increase in TRUMP’s market capitalization is the result of an increased appetite for meme-based tokens and speculative leverage trading. Bitcoin and Ethereum gained ground, but not nearly as high...

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