Category: Business News
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Bitcoin Hits Record $98,800 as SEC Chair Resigns
Bitcoin (BTC-USD) surged past $98,800 on Thursday, setting a new all-time high following the announcement that Securities and Exchange Commission (SEC) Chair Gary Gensler will step down on January 20, coinciding with Donald Trump’s scheduled return to the White House. The cryptocurrency initially crossed the $98,000 mark during early trading before settling slightly lower, as…
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Bernstein Analysts Predict Bitcoin Could Reach $200,000 by 2025
Analysts from Bernstein, a leading research and brokerage firm, have highlighted several factors that could propel Bitcoin’s price to $200,000 by the close of 2025. At present, Bitcoin is trading around $92,000, nearing its previous all-time high of about $93,300. In a recent analysis led by Gautam Chhugani, Bernstein points out that the market may…
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Is Bitcoin Set to Skyrocket? Prediction Markets Reveal What’s Next!
Prediction markets gained significant attention during the recent U.S. presidential election, proving more accurate than many traditional opinion polls. With the post-election rally in cryptocurrencies, one big question is on everyone’s mind: How high can Bitcoin go? Crypto-based platforms like Polymarket allow users to bet on Bitcoin’s future price, and the odds are reflecting some…
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U.S. Dollar and Bitcoin Surge Amid Expectations of Trump-Driven Tariffs
The U.S. dollar surged to its highest point in over six months against major currencies on Tuesday, while Bitcoin briefly hit a record high before easing, reflecting market anticipation of inflationary tariffs promised by President-elect Donald Trump. Bitcoin climbed 1.88%, reaching $89,683.00, just below an all-time high of $89,982, following Trump’s vow to make the…
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Bitcoin Soars to Record High Above $77,000 Amid Trump Reelection Boost
Bitcoin has hit an all-time high, surging past $77,000 on Friday in a rally that has taken the cryptocurrency world by storm. This latest milestone comes hot on the heels of Donald Trump’s reelection as President of the United States, which has sparked strong support from the crypto community and fueled Bitcoin’s unprecedented rise. At…