Mike Novogratz said “of course” Bitcoin could reach $200,000 if the Federal Reserve adopts a highly dovish stance following a leadership change.
Bitcoin struggles to recover and rally despite favorable macroeconomic trends that have sent stock prices higher. What will it take to overcome $110,000?
Bitcoin is down 5%, its sharpest weekly drop since March, but October seasonality and long-term holder stability suggest a potential recovery ahead.
According to Grayscale, some market sectors benefited from significant changes to US policy in the third quarter, but Bitcoin underperformed compared to Ether and others.
Bitcoin and several major altcoins are trying to start a recovery, but they are likely to be met with significant selling pressure at higher levels.
Although crypto treasury companies have enjoyed short-term price gains, most have underperformed the underlying assets they hold.
Bitcoin showed no sign of a major rebound after the release of major US inflation data, with bid liquidity clustered at $108,200.
Explore the history of attempts to change Bitcoin’s 21-million hard cap and why it has proven to be hard to create an alternative to the apex asset.
Crypto sentiment gauge, the Crypto Fear & Greed Index, collapsed below 30/100 for the first time since mid-April, with Bitcoin trading $25,000 higher.
Hong Kong’s $500-million HashKey Fund shows how DATs could reshape Bitcoin and Ether treasuries with compliance, diversification and transparency.