Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Donald Trump’s inauguration. The digital asset traded above $109,400 Wednesday morning, a huge increase from recent lows of about $75,000 last month. Several other cryptocurrencies have seen similar large gains in recent days. That includes Trump’s…

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Bitcoin hit a record high on Wednesday as growing industry optimism that the US will shortly agree its first regulations for digital assets spurred fresh enthusiasm for cryptocurrencies. The price of the token…

00:00 Speaker A Bitcoin rising this morning briefly hitting an all-time high above $109,000 earlier, but moving slightly off of that high right now, just barely. Yahoo Finance senior markets reporter, Ines Ferre breaks it down for us. We don’t want to throw cold water on it so quick, Ines. 00:17 Ines Ferre Oh no,…

A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern. Pseudonymous analyst TechDev tells his 523,300 followers on the social media platform X that Bitcoin has broken out of a cup-and-handle pattern on the two-week chart. The pattern typically indicates that an…

FILE – An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022. Bitcoin briefly hit an all-time high Tuesday, March 5, 2024, with the world’s largest cryptocurrency surpassing $68,800, according to CoinMarketCap. (AP Photo/Kin Cheung, File) (Associated Press) – Bitcoin hit a new all-time high as the world’s…

Key takeaways: Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow. US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000. Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, Bitcoin sets a new record price. Plus, the SEC files charges against the crypto firm Unicoin and its top executives for alleged fraud. And, Eric Chen, co-founder of Injective, reacts to bitcoin’s new record and…

Bitcoin (BTC-USD) pared gains on Wednesday after hitting an intraday high above $109,500, driven by bullish momentum and a strengthening regulatory outlook for crypto. At around 1:45 p.m. ET, the token was trading north of $106,500 as bond yields rose and the broader market slid. The token has jumped more than 40% since falling to…

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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s been an eventful day so far.  Bitcoin hit a new record high of $109,888 this afternoon, right as a weak US 20-year Treasury auction sent stocks plummeting. Yield on 20-year notes hit 5.1% after today’s sale showed weaker-than-expected demand. The…