-
Bitcoin's price is at record highs. Is it sustainable?
The world's biggest cryptocurrency has doubled in value over the past 12 months - buoyed by Donald Trump's return to the White House. However, its 10% surge over the past week is down to one specific factor: the US government shutdown. Experts have told Sky News that the drama unfolding in Washington is undermining trust in the dollar - and pushing investors to alternatives. Bitwise senior associate Max Shannon said stubbornly high inflation, which erodes spending power, is another factor. Some countries are also increasing their monetary supply - watering down the value of cash in circulation - with government ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From fxempire.com|Oct 6, 2025The crypto market soared to an all-time high market cap of $4.27 trillion as Bitcoin (BTC) broke above $125,000 for the first time, lifting sentiment. XRP broke back above the ...
From fxstreet.com|Oct 6, 2025BlackRock's iShares Bitcoin Trust (IBIT) has emerged as the asset manager's most profitable product over the past year, generating an estimated annual revenue of $245 million. ...
From thestreet.com|Oct 6, 2025Paul Tudor Jones, a billionaire hedge fund manager well-known for shorting an overheated stock market ahead of its historic collapse on Black Monday in 1987 to earn an estimated ...
-
- Newer Stories
From fxstreet.com|Oct 6, 2025Standard Chartered predicts that stablecoin users in emerging markets could shift up to $1 trillion from traditional banks into US Dollar-pegged tokens by 2028. In a report on ...
From thestreet.com|Oct 6, 2025The September jobs report has been delayed due to the government shutdown in the U.S. which has huge implications for the crypto industry. After the Republican Party and the ...
From msn.com|Oct 7, 2025Strategy, the world’s largest corporate holder of Bitcoin, didn’t snap up any cryptocurrency last week as the price of Bitcoin continued its ascent. Strategy’s holdings currently ...
