-
Bitcoin rebounds as analyst says token 'may offer some diversification' in AI-driven market
What happened: Bitcoin (BTC-USD) rebounded more than 2% on Monday to hover above $63,000 as the overall market rose following last Friday's steep sell-off. What's behind the move: The world's largest cryptocurrency was recovering from sharp losses incurred last week, when the token fell below $60,000, more than 50% below its October all-time high. Over the past month, bitcoin has tumbled roughly 20%, with year-to-date losses exceeding 27%. What else you need to know: Bernstein analysts noted that bitcoin has seen significant weekly outflows from ETFs in the last four weeks. Furthermore, bitcoin inflows from treasury ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From msn.com|6 hr agoMichael Saylor’s Strategy Inc. resumed buying Bitcoin a week after a rare token sale by the digital asset treasury company roiled the crypto market. The company bought 1,550 ...
From financefeeds.com|6 hr agoThe most debated question in cryptocurrency markets in 2026 is whether Bitcoin’s four-year cycle still exists. The traditional framework, anchored to the halving event that cuts ...
From sherwood.news|7 hr agoDespite having an unrealized loss of nearly $9.7 billion, the leading ethereum treasury firm has acquired even more of the token. BitMine Immersion Technologies announced it has ...
-
- Newer Stories
From @MarketsCapApp|5 hr ago|10 commentsJust in | Japan's Finance Minister Katayama reaffirms commitment to current policies and readiness for decisive action. Japan Finance Minister Katayama said it is possible to balance fiscal sustainability with measures aimed at boosting economic growth.
From fool.com|4 hr agoThe market is bracing for the largest-ever run of public listings. SpaceX plans an initial public offering (IPO) in mid-June at a valuation near $1.7 trillion. OpenAI and ...
From theblock.co|3 hr agoWallets that interacted with Humanity Protocol are being targeted in an ongoing exploit, onchain analyst Specter flagged on Monday. On social media platform X, Specter wrote that ...
