Chain News Daily Today TheBitTimes.com

July 4 is an integral part of US history, labeled as the Independence Day of the US. With the US president keeping no stone unturned to strengthen the US economy, the crypto market is also anticipating some moves that could push the market up a notch, especially during the times when festive spirit encapsulates the market holistically. Here’s how high Bitcoin is poised to rise by July 4, 2025. Also Read: Can Bitcoin and Dogecoin Moon If Musk Starts a Political Party? Bitcoin: The Path Ahead Source: Watcher.Guru Bitcoin is one of the most celebrated cryptocurrency tokens out there. The token is a leading entity and has now assumed a bigger role under the leadership of US President Donald Trump. Trump has now officially backed BTC and the digital asset domain, vowing to make America a leader in the global cryptocurrency setup. BIG BREAKING Donald Trump VOWS TO MAKE AMERICA “THE WORLD CAPITAL FOR CRYPTO AND #BITCOIN ” pic.twitter.com/4w3Ubwe8vL — BITCOINLFG (@bitcoinlfgo) September 5...

Bitwise CEO Hunter Horsely says sell pressure on Bitcoin’s price will drop once the leading crypto by market cap reaches $130K per coin. “I think once Bitcoin breaks through, e.g., $130-150k, no one is going to sell their Bitcoin,” he said in a June 11 X post . Bitcoin Sell Volume From Early Buyers “Will Peter Off” Horsely went on to say that the current sell pressure in the market is mainly from investors who bought BTC at much lower prices, and are now looking at the psychological $100K mark as a strategic exit point. The Bitwise CEO added that the pressure from those investors will be short-lived. “Once Bitcoin breaks new levels, this will peter off,” he said, referring to the selling activity. His belief that current sellers are investors who bought in at much lower prices aligns with an earlier observation from on-chain analytics firm Glassnode. Before BTC broke above $100K on May 8, the firm said there was a “notable increase...

The BTC rally has gained unprecedented momentum as institutional bitcoin inflows reach record levels, and the upcoming Bitcoin Conference 2025 in Las Vegas is serving as a major catalyst for cryptocurrency adoption. Market analysts are predicting that this BTC rally could drive bitcoin price prediction targets to $200,000 by year-end, and this is being supported by massive institutional bitcoin inflows. Total Bitcoin Spot ETF Net Inflow chart – Source: CoinGlass Also Read: Why Robert Kiyosaki Wants You Buying Tiny Bitcoin (BTC) Satoshis? How Institutional Bitcoin Inflows and Bitcoin Conference 2025 Shape Cryptocurrency and Price Predictions The current BTC rally represents a fundamental shift in cryptocurrency markets, and it’s being driven by institutional bitcoin inflows that have exceeded $380 million in single-day records. The Bitcoin Conference 2025, which is scheduled for May 27-29 in Las Vegas, has also amplified market optimism around bitcoin price prediction models....

Several markets were seen witnessing a major shift in sentiment. The world’s largest cryptocurrency, Bitcoin (BTC), and Gold were pocketing massive gains. The sudden uptick in the prices of these assets was related to macroeconomic events as well as changes in investor sentiment. Also Read: Goldman Sachs Predicts $3,700 Gold by Year-End Surge A Look Into The BTC Market Source: Watcher Guru The king coin has been struggling in terms of price. Bitcoin managed to rise all the way to a high of $109,114.88 in January 2025. But the asset failed to retain itself above the $100,000 mark. Recently, BTC jumped back above $90,000 after a long stay below this price level. The past 24 hours have been extremely bullish for the king coin as it rose by 2.28%. At the time of writing, BTC was trading at $96,552.21. Earlier today, the asset rose to a high of $97,625.81. Source: CoinMarketCap Bitcoin’s uptick comes around the same time the Federal Open Market Committee wrapped up its two-day me...

The Bitcoin price dropped 6% in the last 24 hours to trade at $95,960 as of 3.40 a.m. EST on trading volume that shot up 37% to $66.39 billion. The coin dropped after previously surging since January 1, and finally breaking the barrier at $100k on Monday, which allowed it to return above this level for the first time in 2025. However, a resistance at $102.5k stood in its way, keeping BTC from progressing further, and eventually, after trying to breach the resistance for nearly 24 hours, the coin’s price was rejected. Why are people freaking out about a dip?#Bitcoin price is looking pretty stable to me 👀 pic.twitter.com/k3XKvCVN5R — Michael R. Sullivan (@SullyMichaelvan) January 7, 2025 Bitcoin reacted by sinking back to $95k, but fortunately, this resistance allowed it to stop the rapid descent. In fact, it is already giving signs of recovery at the time of writing. While some of the investors quickly started selling when the price dipped, others have waited fo...

Cryptocurrency investors are filled with optimism leading into 2025 as the world’s premier digital asset – Bitcoin (BTC) – and many other major and minor coins and tokens have recorded massive gains in the last 12 months. The latest voice to join the extraordinarily bullish chorus for BTC is Fundstrat’s legendary analyst, Tom Lee. Specifically, Lee estimated that Bitcoin is likely to follow its historical price action patterns and climb to $250,000 before 2025 is over. The analyst cited the impact of the April halving and the more crypto-friendly administration entering the White House in January as some of the major drivers for such a surge. Picks for you Cronos EVM introduces Pallene upgrade with up to 600x faster transaction speed 20 mins ago ...

The cryptocurrency market is undergoing a slight correction. Bitcoin (BTC) climbed to a new all-time high of $99,645.39 on Nov. 22, 2024. The original cryptocurrency could not breach the $100,000 mark after Jim Cramer went bullish on the asset. Many believe in the “inverse Cramer theory,” which suggests the reverse of what the analyst predicts will happen. VeChain (VET) follows BTC’s path. The asset has faced a correction in the daily charts but has maintained significant gains in the other time frames. Also Read: Jim Cramer Talks About Bitcoin & Its Price Immediately Dips to $96,000 VET Latest Price Ranges Source: CoinGecko VET is down 1.8% in the last 24 hours. Despite the correction, the asset is up by 37.9% in the weekly charts, 63.8% in the 14-day charts, 97.7% over the previous month, and 98.9% since November 2023. The cryptocurrency market began to surge after Donald Trump emerged victorious in the U.S. presidential election. Investor sentiment spiked due to Tru...

The world’s largest cryptocurrency, Bitcoin (BTC), went from being widely condemned to playing a prominent role in the US elections this year. The king coin has finally managed to move beyond $80,000. However, it should be noted that the asset was trading at a dainty price of $0.50 about 14 years ago. Can BTC move forward and reach $100,000 this month? Also Read: DOGE Overtakes XRP: Massive Market Cap Shift and XRP’s Breakout Bitcoin Records New All-Time High Bitcoin has been on an uptrend over the past couple of weeks. The asset has managed to record a new high almost every single day. Earlier today, BTC surged to an all-time high of $82,371.96. Currently, the king coin is 0.21% below its peak. At press time, Bitcoin is trading at $82,107.83 following a 2.73% rise over the past 24 hours. Source It should be noted that Bitcoin has increased by an astounding 16,379,700% in the previous 14 years. This demonstrates the remarkable development and evolution of virtual money throughout ...

With Bitcoin making a habit out of performing well in October, market sentiment has BTC eyeing yet another all-time high this year. Indeed, there is tremendous potential for the leading crypto to surge in the short term. Moreover, it could be set to enjoy the fruits of a perfect storm in the upcoming month. The asset has certainly struggled in recent months. However, things looked to have turned around for the better in September. That could be setting the stage for a monumental rally when the calendar turns, as the crypto market and macroeconomic factors could propel BTC to uncharted territory. Also Read: Deutsche Digital Assets Macro Bitcoin ETP Begins Trading Today Bitcoin May be Poised to Break Through $73,000 in October Despite its August and early September lulls, Bitcoin has dominated 2024. The asset emerged as the first crypto-based ETF in the United States. With that product getting approval in January, the leading cryptocurrency surged to an all-time high of $73,000 just thre...

The cryptocurrency market is known for its volatility, but it is also known for driving elements capable of delivering unprecedented profits. Keeping the spirit of the market in sight, here are two of the most popular tokens that may provide fresh gains in September 2024. Is Bitcoin still king? Find out now! Also Read: AI Sets Shiba Inu (SHIB) Weekend Price (August 31st-September 1st) Try These 2 Coins to Earn Major Returns This September 1. Bitcoin (BTC) Bitcoin is currently the leading cryptocurrency, a token that bears the power to rule the entire crypto sector. BTC currently sits at $59K, a stable position for the token to trade at. Since BTC has already touched the $70K price level, investors are keen to explore the possibilities above again. Per Santiment, whale and shark activity has increased concerning Bitcoin, suggesting bullish sentiment to sweep the space once again. “Bitcoin currently sits at $58.9K, which is apparently just fine for whale and shark holders. Over the past ...