Bitcoin may be on the verge of reclaiming its all-time high of $111,970, but crypto analysts say there’s little fundamental support for the asset to meaningfully break above the level. “The risk of a short-term correction continues to build — especially in the absence of a strong catalyst to push… Read More »Bitcoin Faces Uphill Climb as Analyst Sees No Clear Catalyst for Beating $112K Record
Key takeaway: Bitcoin ( BTC ) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics. Broader macroeconomic tensions persist, and Bitcoin continues to show a strong correlation with the stock market, limiting… Read More »Can BTC Bulls Break Through to $110K as Bitcoin Price Strengthens?
Bitcoin leaped to $108,000 on Monday, after hovering near $105,000 for most of the weekend, as top U.S and Chinese officials get ready to meet in London this week in the hopes of salvaging a fraying trade deal . Bitcoin gained 2% on Monday, according to Binance , briefly touching… Read More »Bitcoin Soars to $108,000 as US and Chinese Officials Meet on Tariffs