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Tag: Crypto

Bitcoin Price Drops Below $65k Amidst Fed Rate Cut Talk and Geopolitical Concerns

On 2024-08-01 By Aifin In Markets

Bitcoin (BTC) slipped further on Thursday, extending its recent decline despite a rally in Wall Street triggered by the Federal Reserve hinting at a potential September interest rate cut. Despite the positive news, investor sentiment …

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Bitcoin Drops 5% as US Government Sale Fears Overshadow Trump’s Crypto Support

On 2024-07-30 By Aifin In Markets

Bitcoin’s price plunged 4.8% on Tuesday, erasing a weekend rebound driven by Donald Trump’s positive remarks on crypto regulation. Reports emerged that the US government moved $2 billion worth of seized Bitcoin, sparking concern over …

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Bitcoin Flat, Ether ETF Launch Fails to Spark Price Surge

On 2024-07-24 By Aifin In Markets

Bitcoin traded sideways on Wednesday, holding steady at $66,450.2, recovering slightly after losses earlier this week. The lackluster performance comes amid heightened political uncertainty surrounding the U.S. presidential race and a general aversion to risk-driven …

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Coinbase Stock Forecast: Needham Sees Short-Term Headwinds, But Remains Bullish Long-Term

On 2024-07-20 By Aifin In Markets

Needham & Company analysts are expressing a mixed outlook on Coinbase (COIN) stock, highlighting both short-term challenges and long-term optimism. While acknowledging a strong Q1 performance, the firm believes recent street forecasts for the company …

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Bitcoin Soars to Two-Week High After Trump Attack, Fuels Crypto Optimism

On 2024-07-15 By Aifin In Markets

Bitcoin surged to a two-week high on Monday, gaining 8.6% to $62,508. The surge followed an attempted assassination of former US President Donald Trump, who has positioned himself as a proponent of less regulation in …

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