Latest crypto news | The market in the crypto circle fluctuates significantly, with bitcoin returning to $93,000; analysts say that $0.1 million is a psychologically significant sell-off point, and it is expected that bitcoin will break through $0.1 milli
StanChart's global head of digital assets research, Geoff Kendrick, stated that the recent BTC pullback is mainly influenced by changes in the US Treasury market. He explained that the drop in US Treasury yields has boosted market confidence, potentially temporarily weakening bitcoin's appeal as a hedge tool.
Express News | 21Shares crypto strategist: $0.1 million is a psychologically significant sell-off point, and bitcoin is expected to break through $0.1 million this year.
Bitcoin is just a step away from 0.1 million; when will it knock on the door again after the pullback?
The six-digit key level is a strong resistance level and a psychological selling point. However, even if the pullback deepens, analysts still expect bitcoin to surpass $0.1 million this year.
Why Bitcoin Cash Is Falling Tuesday
The increase reached 2.7 times for nvidia! Can 'crypto whale' microstrategy continue to ride the waves?
Since the beginning of this year, microstrategy's stock price has soared nearly 500%, about 2.7 times the increase of nvidia during the same period. Bernstein analyst Gautam Chhugani believes that microstrategy's upward momentum may further expand. He raised microstrategy's target price from $290 to $600, which means there is still a 49% upside potential compared to the current level.
Latest cryptos news | Market sentiment has noticeably declined, and bitcoin briefly fell below $0.093 million; MSTR spent another $5.4 billion to buy bitcoin, and institutions have raised its target price to $600.
With the crypto-friendly Trump returning to the White House, in this industry worth 3.2 trillion dollars, Wall Street is ready to launch a new generation of risk-based products to fully meet the tastes of various investors, ranging from novice institutions to stubborn retail investors.