Bitcoin rises despite US inflation hitting 3-year high: Where will BTC price go?

Botanix asked users to withdraw funds, disclosing plans to wind down its Bitcoin-based layer-2 network in July.

Bitcoin (BTC) and the wider cryptocurrency market could face additional selling pressure this week as Elon Musk’s SpaceX gears up for a $75 billion initial public offering (IPO), with the event expected to drain some of the liquidity that has supported the market’s leading crypto above $60,000.  Analysts Warn Crypto Could Feel The Hit According […]

Rising deficits may drive interest in Bitcoin as a hedge against currency debasement, but higher Treasury yields could challenge crypto appeal. The post US monthly budget statement shows $293B deficit in May appeared first on Crypto Briefing.

Whales quietly scooped up bitcoin while retail investors panicked near the $60,000 mark, with Cryptoquant data showing the Exchange Whale Ratio spiking to 61.6% as large holders dominated buying. Whales Step In at $60,000 Whales quietly accumulated bitcoin while retail investors panicked near the $60,000 mark, according to crypto data intelligence firm Cryptoquant. The firm […]

The Bitcoin price could be on track to reach $200,000 within the next one to two years, according to crypto analyst @CryptoTice_. Backed by a long-term cycle chart, the analyst argues that Bitcoin is once again moving through a familiar historical pattern, placing the current phase in what he describes as a key accumulation zone ahead of a potential major rally. Bitcoin Price Path Points To 2027 Target The chart maps Bitcoin’s previous market cycles and outlines a potential path toward $200,000. Based on this projection, the target could be reached within 12 to 24 months from June 2026, placing it between mid-2027 and mid-2028, with 2027 appearing as the more probable timeframe. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic To support this view, the analyst compares Bitcoin’s current setup with the cycle lows recorded in 2019 and 2022, both marked as “buy zones” that were followed by major rallies. The 2019 bottom preceded a climb to r

The divergence between headline and core inflation may delay Fed rate hikes, potentially boosting risk assets like cryptocurrencies. The post Bureau of Labor Statistics reports annual inflation at 4.2% in May, but crypto markets see a silver lining appeared first on Crypto Briefing.

Bitcoin has erased its post-CPI gains after renewed threats from U.S. President Donald Trump against Iran pushed traders back into risk-off positioning and sent the crypto asset below $62,000. According to market data, Bitcoin (BTC) briefly climbed above $62,400 on…

Bitcoin's bear market might be nearing an end, analysts said, but individuals and institutions aren't lining up to buy the top crypto asset.