Bitcoin and crypto stocks remain down
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Bitcoin falls under $76,000
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CoinShares data shows Bitcoin miners are pivoting to AI computing as mining profits shrink, and a price rebound may not reverse the trend.
Earlier this month, Druckenmiller, whose views of the Fed and U.S. monetary policy have become closely scrutinized due to his close ties with Warsh and Bessent, put his name to a scathing Wall Street Journal op-ed, slamming his former protégé for attempting to manipulate and lower long-term bond yields.
Bitcoin's price is down over the past week after traders had bet that the central bank would hike interest rates.
Bitcoin strategic reserve bill clears committee, moving Treasury-managed federal BTC holdings another step closer to US House vote.
Bitcoin corporate treasuries are still holding paper losses as fresh investor capital cools in the second half of September.
Bitcoin (BTC) holds near $76K as the Federal Reserve raises interest rates for the first time since 2023. Analysis of market impact and ETF flows.
Claude AI Predicts Bitcoin's 2026 roadmap after the Fed's first rate hike in three years, as BTC holds near $76,500.
It's easy to lay out a bull-case scenario for Bitcoin, which has historically performed best in the final months of the year. As long as Bitcoin continues to push higher in the coming weeks, money will continue to pour into the spot Bitcoin ETFs, providing a nice floor under the price of Bitcoin.
Morgan Creek Capital CEO Mark Yusko has said that bitcoin’s fair value is $105,000 based on Metcalfe’s Law. Speaking on Bitcoin Magazine TV on Wednesday, the investment management firm said that now was the best time to buy the leading cryptocurrency as it is “on sale.
Conner Brown, Executive Director at the Bitcoin Policy Institute, welcomed the House Financial Services Committee’s advancement of the Strategic Bitcoin Reserve Bill on Wednesday. ‘Strategic National Asset’ Brown described the passage as a “genuinely historic step” for Bitcoin (CRYPTO: BTC) policy as it marked the first federal committee approval of legislation authorizing a secure storage facility for the U.