Latest Crypto & Bitcoin News

Cryptocurrency values surged above $60,000, reaching its highest point since 2021. Enthusiasts are waiting to see if it can achieve a new record high during the current rally.

Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto

(Bloomberg) -- Bitcoin closed in on the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNew York’s Transit Agency Approves $9 Congestion TollNYC Mayor Adams Names Jessica Tisch

Bloomberg 2 hours ago

MSTR

Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price

Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.

Morning Bid: Nvidia disappoints, bitcoin nears $100K

The prospect of slowing sales growth at AI juggernaut Nvidia and simmering worries over geopolitical tensions are keeping investors on edge but bitcoin keeps marching upward, undeterred, towards $100,000 on bets that Trump 2.0 will be crypto-friendly. Futures indicate that European stock markets are set for a subdued open as investors digest Nvidia's projection of its slowest revenue growth in seven quarters. The forecast will likely weigh on suppliers and the broader markets given Nvidia's place at the centre of all things AI, which has driven most of the market gains in recent months.

Bitcoin Crosses $97K, Continuing Wild ‘Trump Trade’ Rally

BTC traded above $95,900 in early Asian hours, less than 6% from a landmark $100,000 figure that would push it above a $2 trillion market capitalization.

Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

Bitcoin's march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. The cryptocurrency's price has more than doubled this year and is up about 40% in the two weeks since Trump was voted in as the next U.S. president and a slew of pro-crypto lawmakers were elected to Congress. Trump embraced digital assets during his campaign, promising to make the United States the "crypto capital of the planet" and to accumulate a national stockpile of bitcoin.

Dollar stalls as market weighs Trump policies, Fed outlook; bitcoin surges

The U.S. dollar paused its climb on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump's proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve. Bitcoin reached a record high of $97,902 on Thursday, underpinned by a report Trump's social media company was in talks to buy crypto trading firm Bakkt. The dollar index was down 0.11% at 106.49, but was holding onto most of the previous session's gains after investors lifted the dollar index measure against its key rivals closer to a one-year high of 107.07 hit last week.