The cryptocurrency has been bolstered by reports that President-elect Donald Trump will issue a pro-crypto executive order shortly after his inauguration.
But volatility remains a concern, with researchers attributing Bitcoin’s dip below $90,000 earlier this week to speculation that the U.S. government could delay cuts to interest rates, following better-than-expected employment figures.
Bitcoin Reclaims $96,000 Mark After Hitting Lowest Price Since November
The cryptocurrency’s recent gains follow institutional outflows in recent days and speculation about US interest rates remaining stable.
Bitcoin Dips Below $90,000 as Fed Rate Cut Doubts Grow
The price of Bitcoin fell to a two-month low Monday, as markets adjusted to the prospect of tighter monetary policy from the Federal Reserve.
Trump’s Day-One Crypto Executive Order Likely First of Many: Sources
Trump is likely to follow up an initial crypto executive order with several more that impact the SEC, State Department, and more.
USDC Circulation Grew 78% in 2024, But Still Lags Behind Tether: Circle
USDC circulation grew by 78% in 2024, according to Circle, as it secured a foothold in Europe and partnered with crypto exchange Binance.
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BTC drops to $91k before 12 straight green candles. Crypto headed for Banana Singularity: Raoul Pal. Fidelity prefers ETH over SOL on fundamentals. Pro-crypto CFTC boss rumoured. Lummis to lead Senate crypto subcommittee. Steil to lead House crypto subcommittee. Sol Strategies raising $20m to expand SOL staking. Circle donates $1m USDC for Trump inauguration, and more.
📹️ WATCH: BTC below $91K, Dollar at 2-year High, AI Crypto faces Deep sell-off
BTC below $91k on strong dollar & inflation fears. MicroStrategy buys $243m more BTC. BTC consolidates below 20-day EMA.
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Consumer-focused Ethereum layer-2 network Abstract is launching soon. Here’s how to get started on day one.
