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Solana Price Prediction: SOL Could Climb Toward $125-$150 if Bitcoin Turns Higher
SOL holds key support as traders watch $81 and $104 resistance, with a stronger Bitcoin trend potentially opening the door to $125-$150.
Fed liquidity promises, dollar weakness could determine bitcoin's next move
While the advance was triggered by relief in the bond market following White House support signals for U.S. Treasuries, longer-term gains are likely to be underpinned by the Fed, said Pedro Fontes, a research analyst at crypto exchange Mercado Bitcoin.
Bitcoin Surges Above $71,000 as Raoul Pal Says It's The 'Bessent Put' and 'The Signal Is Enormous'
Bitcoin (CRYPTO: BTC) on Thursday climbed another 4% to $71,800 as macro investor Raoul Pal called Wednesday's Treasury move a historic turning point. What Raoul Pal Calls the ‘Bessent Put' Pal posted on X that the Treasury's decision to double long-end bond buybacks came the day after the 30-year yield hit a 19-year high at 5.33%, and the timing was the whole point.
Bitcoin Price Prediction: BTC Reclaims 200-Day SMA With $71,500-$72,000 in Sight
BTC holds above key support after reclaiming the 200-day SMA, with traders watching $70,500 before a possible move toward $71,500-$72,000.
Bitcoin surges 11%, Ethereum 18%, XRP 10%: why crypto is exploding higher today
Bitcoin surged above $71,000 on Thursday as easier financial conditions, pro-crypto signals from Washington and a record short squeeze sent digital assets higher. Ethereum jumped about 18% to above $2,250, while XRP gained around 10%. The broader crypto market added $190 billion as buying spread across major tokens. The rally began after the US Treasury expanded long-dated bond buybacks, pulling Treasury yields lower and weakening the dollar. That shift was amplified by Washington's crypto-policy push and billions in forced short covering. Treasury liquidity and Washington light the fuse The Treasury said it would at least double liquidity-support buybacks across the 10- to 30-year part of the curve. The move helped push the 30-year yield towards 5.
Bitcoin ETFs draw $517M in largest one-day inflow since early May
Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday.
Bitcoin's Whales Add 43,000 BTC in 60 Days
The large holders of bitcoin seem to be returning to buying. Around 43,000 BTC have reportedly been accumulated over 60 days, according to data from CryptoQuant relayed on August 19th by Bitcoin.com News.
Dollar at a 2.5-Month Low, Gold Above $4,400, Bitcoin +8%: One Decision Moves Everything
The dollar drops to its lowest since late May, gold climbs to its highest since early June, Bitcoin jumps toward its summer high. Behind all three moves stands the same decision out of Washington, and understanding it means understanding the weeks ahead.
Bitcoin rally sparks debate whether Clarity Act is already priced in
Erald Ghoos, OKX Europe CEO, says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin.
Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.