By Wayne Jones Bitcoin (BTC) could move above $90,000 and revisit its all-time high of around $126,000, BitMEX co-founder Arthur Hayes said. He says the aggressive spending by governments and banks to fund AI infrastructure, as well as military spending and energy security projects, has helped fuel the crypto bull market. Hayes Ties Bitcoin Outlook […]
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By Wayne Jones Fundstrat’s Tom Lee has said that Bitcoin passed a major test after it rallied over the weekend while oil prices surged due to the ongoing conflict in the Middle East. According to him, the price action was a sign that the massive deleveraging from last October is finally behind the market, allowing […]
By Wayne Jones Even though they were trading at around $68,000 and $1,980, respectively, at the time of writing, Bitcoin and Ethereum bounced yesterday after sharp sell-offs, with BTC reaching $71,000 and ETH climbing to $2,150 following the resumption of spot ETF inflows. The rebound renewed speculation that BTC may have established a local floor, […]