Bitcoin

BlackRock CEO Larry Fink, once a vocal skeptic who called Bitcoin a tool for money laundering, has publicly reversed his stance. Speaking at the DealBook Summit, Fink acknowledged his ‘major turn’ on the cryptocurrency as his firm’s Bitcoin ETF now manages tens of billions of dollars.

Fears that Michael Saylor’s Strategy will be forced to liquidate its Bitcoin holdings are unfounded, according to Bitwise CIO Matt Hougan. The company’s substantial cash reserves and lack of near-term debt mean it can withstand market pressure without selling until at least 2027.

A new analysis highlights a growing tension in the US stock market, where record-high valuations meet cooling economic signals. Analysts warn this combination could make markets vulnerable, with significant potential consequences for Bitcoin’s price.

Bitcoin’s supply on exchanges has fallen to its lowest level in five years, with over 23,000 BTC withdrawn in the past week. This reduction in selling pressure could set the stage for a price recovery, despite the market’s current bearish sentiment.

A large batch of Bitcoin options worth $3.4 billion is set to expire today, potentially causing market volatility as traders close or adjust their positions.

Ripple CEO Brad Garlinghouse forecasts Bitcoin will climb to $180,000 by the end of 2026. While the prediction is optimistic, market analysts warn of potential vulnerability, citing strong buying pressure and stalling economic indicators.

Bitcoin’s price is rallying, fueled by aggressive buying, but analysts warn this signals an overheated market. Contrasting this with stalling economic velocity, they caution that the current momentum may be driven by leverage rather than solid fundamentals, making the rally potentially fragile.

Bitcoin’s price stalls at the $94,000 resistance level while Ethereum surges nearly 4%, breaking out against Bitcoin and reaching its highest price in weeks.

Bitcoin has surged over 12% in two days, recovering from Monday’s slump. Analysts attribute the rebound to a market cleanup involving massive deleveraging and capitulation, potentially setting the stage for a relief rally.

Asset manager Grayscale predicts that Bitcoin will break its four-year cycle and reach a new all-time high in 2026, despite a recent 30% price drop. The firm sees signs of a local bottom and a ’leverage reset’ as a healthy foundation for future growth.