By Jordan Lyanchev Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from over $91 to under $87 within minutes. The main culprit for this is US President Donald Trump’s statement from less than an […]
Tag: BTC
Key highlights: Fold sold $45 million worth of Bitcoin to repay debt and strengthen its balance sheet. Unlike many treasury firms, Fold used Bitcoin gains to improve liquidity while maintaining substantial BTC exposure. Fold cashes in part of its Bitcoin treasury Fold Holdings has sold approximately $45 million worth of Bitcoin as part of a […]
Key highlights: The Bitcoin price is expected to form its cycle bottom at $53,600, stated CryptoQuant analyst. The significant decline in individual and institutional demand cast a shadow over BTC’s sustained rally. The analyst also highlights that Bitcoin capitulation is not yet evident. While the Bitcoin price’s recent rebound from a low of $59k has […]