-
Bitcoin retreats to $118,000 after notching new all-time high
From youtube.com/cnbctelevision
On today's episode of CNBC Crypto World, bitcoin reaches a new record high before retreating below $120,000. Plus, Ric Edelman from the Digital Assets Council of Financial Professionals shares his outlook for crypto prices in the wake of bitcoin's record rise.
- Comments / Top
- Subscribe
-
Related Stories
From thearmchairtrader.com | Aug 14, 2025
Our Armchair Trader Plus subscribers get an end of year forecasts report, usually just before Christmas. At the end of last year one of our predictions was that Bitcoin would go to $150,000. Bitcoin’s surge past $123,000 this week has reignited speculation over how far the rally can go. With gains of more than 31% since the start of the year and 60% from ...
Retail sales in July rose 0.5% from the prior month, a rise that was slightly below Wall Street forecasts but a sign the consumer continues to steady the ship after a dramatic drop in spending this spring. Economists had expected retail sales to rise 0.6% from the prior month in July, according to data from Bloomberg. Excluding autos and gas, retail sales ...
Bitcoin retreated more than 3% from its record highs on Thursday after hotter-than-expected inflation soured expectations of a large rate cut in September and Treasury Secretary Scott Bessent signaled the US won't be purchasing bitcoin for its strategic reserve. On Wednesday, bitcoin touched an all-time high past $123,500 per token in anticipation of looser ...
