Bitcoin’s price was $ 94,372 on Jan. 11, 2025, with a market cap of $ 1.86 trillion. Daily trading volume reached $ 52.92 billion, with intraday fluctuations between $ 92,275 and $ 95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near …
The U.S. dollar index flexes its strength in the new year, reaching levels not seen in two years. This rise is supported by the so-called ‘Trump Trade,’ the expectation of only two more rate cuts this year, and the weakness of other currencies in the basket. Dollar Index Inches Higher Powered by Trump Trade, Fed […]
10x Research and its CEO and Head of Research, Markus Thielen, have recently taken a more cautious stance on bitcoin (BTC), prompting a re-evaluation of market conditions. Has Bitcoin Peaked? Analysts Spot Ominous Signals In a market update published on Dec. 29, 2024, the firm acknowledges the cryptocurrency’s resilience, however, emerging technical patterns suggest the […]
According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global payments employing it. Euro Tanks, Dollar Thrives in Swift Share Charts The future seems bleak for the euro, as […]
Though the month isn’t quite over yet, bitcoin miners have already outperformed their November earnings, amassing $ 1.33 billion in December with two days still on the clock. Bitcoin Ends the Year With Record Hashrate and Higher Revenue This uptick in revenue has been fueled by stronger bitcoin prices, but there’s a twist. The …