Bitcoin holds above $62,000 after a red week in ETFs

Despite the 5% drop in 7 days, the price of BTC rises in the last few hours. The Middle East conflict has influenced the volatility of the cryptocurrency market. After a week marked by the outflow of capital from exchange-traded funds (ETFs), the price of bitcoin (BTC) rises above $62,000. This remains the case this … Read more

“US elections will dominate the cryptocurrency market these days”: Coinbase

A more favorable regulatory environment for the ecosystem is expected in 2025, regardless of who wins. For Coinbase, elections are the most important influencing factor for all markets. With the US presidential election awaiting in a month, financial markets could be more impacted by the political campaign. This includes bitcoin (BTC) and cryptocurrencies. In fact, … Read more

“Investors are selling bitcoin to buy gold,” says businessman

Gold is approaching all-time highs, while bitcoin struggles not to collapse. War conflicts increase the state of global tension. This week has been marked by the escalation of the war conflict in the Middle East. The territories of Israel, Lebanon, Iran and other nations in the region were the scene of military ground and air … Read more

‘Debasement trading’ will favor gold and bitcoin: JP Morgan

The war in the Middle East would favor this trend. In a month, there will be elections in the United States. The situation for the markets has changed this week with Iran’s attack on Israel that fueled geopolitical tensions. This is something that can benefit assets like gold and bitcoin (BTC), according to analysts at … Read more

global financial chaos and bitcoin’s golden opportunity

Is a great financial crisis coming or years of economic prosperity? There are conflicting signals. Within this chaos, bitcoin is presented with a unique opportunity. The world economy gives ambiguous signals. At the same time that the S&P500 index is approaching all-time highs, gold is rising in price as if recession were inevitable. Simultaneously, Chinese … Read more

If the conflict between Israel and Iran continues, it would affect cryptocurrencies

The bitcoin (BTC) and cryptocurrency market is currently facing new challenges to rise in price. “The recent war conflict between Israel and Iran has generated a new wave of uncertainty in global markets, significantly impacting the cryptocurrency ecosystem,” comments the analysis company Nodecharts. This is indicated in his report weekly published on October 3. Specifies … Read more

XRP returns to a historic resistance zone. How will its price continue?

The asset returned to the $0.50 zone where it has sideways and bounced several times. XRP could remain in this zone for some time, following historical patterns. The price of XRP, the cryptocurrency issued by the Ripple company, has fallen more than 10% in the last 24 hours. With this movement, it returned to a … Read more

Bitcoin whales went out to hunt for buying opportunities

According to the CEO of CryptoQuant, the market has never seen so much bitcoin accumulation. The outflows of money from ETFs and the conflict in the Middle East generate downward pressure on the asset. Bitcoin (BTC) is trading this Thursday, October 3, near $60,000. As of this publication, it remains above that price mark. This … Read more

Bitcoin struggles to maintain $60,000 in a hostile environment

The global crisis situation makes investors become conservative. In the medium and long term, bullish expectations remain in force for bitcoin. For the third day in a row, bitcoin (BTC) is testing $60,000 (USD) as support. This occurs after the perceived decline in the escalation of the war between Israel and Iran this week. Thus, … Read more

“Geopolitical conflict could be positive for Bitcoin”: Scott Melker

Bitcoin’s downward reaction to the war does not disarm its bullish thesis. Bitcoin has the ability to act as a safe haven asset, the analyst highlights. Financial markets have retreated this week as a result of the war in the Middle East involving Israel, Iran, Lebanon, Hezbollah and other armed organizations. In this way, they … Read more