Spot bitcoin ETFs launched in the U.S. in January 2024. Soon thereafter, one of the most discussed issues was the likelihood of demand, due to bitcoin ETF issuers outpacing the mining supply.
Bitcoin prices fell in early trading on Wednesday at news of U.S. economic contraction and weak private sector jobs data. However, the world's largest cryptocurrency recovered a good portion of its losses by market close, as it continues to draw investor interest.
Bitcoin rallies have a way of sparking calls and speculation about what's next. The cryptocurrency's recent resurgence is no exception.
Bitcoin prices uncoupled from stocks in the last two weeks as concerns of U.S. economic stability and global trade wars weigh heavily on investors. The world's largest cryptocurrency may warrant greater consideration this year should it provide increasingly noncorrelated performance to stocks.
Bitcoin is currently in the midst of what some experts say is the largest drawdown of its current bull market. Some might even argue that the bull market status has been shed in favor of the bear market designation.
Bitcoin fell to five-month lows this week before recovering some of its losses at Thursday close. While volatile, the cryptocurrency demonstrates notable return potential over longer periods, making it worth consideration in all-weather portfolios.
Bitcoin is sagging against the backdrop of President Trump's tariff gambit. But HODLers might find solace in the possibility of improving long-term adoption.
Money center banks are among the most regulated industries in Corporate America. That explains why they've long shied away from bitcoin.
Bitcoin has taken investors on a wild ride to start 2025. However, market participants may be able to find some solace in data confirming that professional investors remain supportive.
Experienced bitcoin investors are likely familiar with the terms “HODL” and “diamond hands,” which essentially mean the same thing: a willingness to hold onto a digital currency, say bitcoin, through the inevitable pullbacks and volatility. Predictably, vernacular such as diamond hands breeds antonyms.
Perhaps it was a case of selling the news. Bitcoin and other cryptocurrencies didn't do much of anything following last week's crypto summit at the White House.
Bitcoin is now 16 years old. It has morphed from a speculative haven for short-term traders to an increasingly credible, mainstream financial asset.