Crypto currencies news

BTC/USD: Bitcoin continues to look bullish, though seems to have hit a bit of a brick wall near the $110,000 level

After Reaching New Record High, Bitcoin Fails to Close at a High; President Trump Floats 10% Tariff on China, Threatens EU, Panama; US Dollar Continues Retreat; Bank of Japan Strongly Expected to Hike Rates by 25 bps

Bitcoin resumed the uptrend, nearing its all-time high of 109,217 as excitement about the new pro-crypto administration continued

Ethereum: Looking bullish, short-term pullbacks continue to trigger buying, with a “value area” at the $3400 level

After Reaching New Record High, Bitcoin Falls Strongly to $101k; President Trump Inaugurated, Floats 25% Tariff on Mexico & Canada; Chinese Equities Rise as Trump Avoids Immediate China Tariff; $TRUMP Meme Coin Rising Again

Bitcoin: Continuing to look bullish, with pressure building to break out of the $110,000 to $110,000 range

Bitcoin price surged to a record high of $109,217 and then pared back some of those gain after Donald Trump became the US president. The BTC/USD pair retreated to 103,350 as some investors started to take profits.

I wrote in my previous BTC/USD forecast almost one week ago that the technical picture had more bearish, with the price printing a series of lower highs and heading towards an area of very key support above $91,000.

Bitcoin Powers to New Record High; Global Stocks Mixed Ahead of President Trump's Inauguration; Reports Bank of Japan Certain to Hike Rates This Week

During my analysis of Bitcoin, the first thing that comes to the forefront is the fact that Bitcoin is rallying rather significantly, as we have broken through a significant short-term swing high, and now that we are above there, it looks like Bitcoin could continue to go looking to the upside. After all, the market had been in a major consolidation range, and now it looks like Bitcoin might go lo…

Markets are seeing rising risk-on sentiment as economic data points towards an increasing likelihood of US rate cuts in the foreseeable future.

Get the weekly Forex forecast for major currency pairs for the week of January 20-25, 2025 here.

Bitcoin rallied pretty significantly during the trading session on Wednesday, gaining 3% as we started to close out the New York session. We are approaching the $100,000 level and therefore I think we've got a couple of things to pay attention to. Could we get a pullback from here? It's very possible, but I think that just ends up attracting more buyers

Bitcoin price drifted upwards as a risk-on sentiment spread in the financial market on Wednesday.