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1 day ago
A growing acceptance of crypto next year could lead to a surge in price for the world's top digital currency, Bitcoin.
XRP, being much smaller in market cap and with tremendous growth opportunities ahead, could be overdue for a strong rally.
10 stocks we like better than Bitcoin ›
XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) are two of the most popular cryptocurrencies in the world. Bitcoin remains far and away the most valuable, with a market cap of about $1.7 trillion. XRP at around $116 billion is just a small fraction of that, but that's still large enough to make it the fifth-largest cr
XRP, being much smaller in market cap and with tremendous growth opportunities ahead, could be overdue for a strong rally.
10 stocks we like better than Bitcoin ›
XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) are two of the most popular cryptocurrencies in the world. Bitcoin remains far and away the most valuable, with a market cap of about $1.7 trillion. XRP at around $116 billion is just a small fraction of that, but that's still large enough to make it the fifth-largest cr
1 day ago
Key Takeaways
Tom Lee argues Bitcoin is “extremely oversold” and has historically preceded rebounds.
Lee’s Bitcoin predictions have begun to fuel skepticism across the crypto community.
Bitcoin did reach new all-time highs in October 2025, validating Lee’s broader bullish thesis — but the magnitude and timing of his forecasts often prove premature.
Bitcoin (BTC) is “extremely oversold” and historically positioned for a rebound, according to Fundstrat Global Advisors co-founder Tom Lee, who made the comments on Thursday.
https://finance.yahoo.com/...
Tom Lee argues Bitcoin is “extremely oversold” and has historically preceded rebounds.
Lee’s Bitcoin predictions have begun to fuel skepticism across the crypto community.
Bitcoin did reach new all-time highs in October 2025, validating Lee’s broader bullish thesis — but the magnitude and timing of his forecasts often prove premature.
Bitcoin (BTC) is “extremely oversold” and historically positioned for a rebound, according to Fundstrat Global Advisors co-founder Tom Lee, who made the comments on Thursday.
https://finance.yahoo.com/...
2 days ago
Bitcoin rallies thwarted by fading Fed rate cut odds, softening US macro
Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer ***** ets.
Key takeaways:
Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer ***** ets, reducing interest in Bitcoin.
Economic weakness in ***** an and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term.
Bitcoin
BTC
$88,227
has repeatedly failed to hold above the $92,000 level over t
Bitcoin continued to sell near $90,000 as investors reacted to weak US jobs data and slowing economic growth by shifting into safer ***** ets.
Key takeaways:
Strong demand for US Treasurys and lower odds of a Fed rate cut indicate that investors are shifting toward safer ***** ets, reducing interest in Bitcoin.
Economic weakness in ***** an and softer US job data add pressure to Bitcoin, limiting its use as a hedge in the near term.
Bitcoin
BTC
$88,227
has repeatedly failed to hold above the $92,000 level over t
2 days ago
Bitcoin (BTC) has been gripped by sharp volatility in the final stretch of the year, swinging between $92,000 and $82,000 as market sentiment turns increasingly cautious.
Over the past three months, Bitcoin has fallen by 24.1%, highlighting the intensity of the current drawdown.
At press time, BTC was trading at $88,009.31, down 1.1% over the past 24 hours.
With less than 12 days left before the New Year, prominent market watchers are beginning to temper expectations for Bitcoin’s performance in the year ahead.
Related: **** yst predicts Bitcoin is gearing up for an early Santa rally
ht
Over the past three months, Bitcoin has fallen by 24.1%, highlighting the intensity of the current drawdown.
At press time, BTC was trading at $88,009.31, down 1.1% over the past 24 hours.
With less than 12 days left before the New Year, prominent market watchers are beginning to temper expectations for Bitcoin’s performance in the year ahead.
Related: **** yst predicts Bitcoin is gearing up for an early Santa rally
ht
2 days ago
Any further interest rate cuts could give Bitcoin's value a boost.
Some **** ysts estimate the crypto could reach $170,000 next year.
More investments from institutional firms and local governments could lift the leading digital token higher.
10 stocks we like better than Bitcoin ›
Bitcoin's (CRYPTO: BTC) has tumbled about 19% during the past year, leading some investors to wonder where the world's top cryptocurrency is headed in 2026. Is the recent plunge a sign of things to come, or is the crypto poised for a potential turnaround next year?
https://finance.yahoo.com/...
Some **** ysts estimate the crypto could reach $170,000 next year.
More investments from institutional firms and local governments could lift the leading digital token higher.
10 stocks we like better than Bitcoin ›
Bitcoin's (CRYPTO: BTC) has tumbled about 19% during the past year, leading some investors to wonder where the world's top cryptocurrency is headed in 2026. Is the recent plunge a sign of things to come, or is the crypto poised for a potential turnaround next year?
https://finance.yahoo.com/...
15 days ago
Bitcoin (BTC) is retesting a crucial support area after its price slid 5% from the recent highs and fell below...
Despite the Bitcoin price recovery above the crucial $90,000 threshold—a level that has historically served as a supportive floor for...
Fundstrat’s Tom Lee told attendees at Binance Blockchain Week that he believes the worst leg of the recent crypto slump...
https://www.newsbtc.com/ne...
Despite the Bitcoin price recovery above the crucial $90,000 threshold—a level that has historically served as a supportive floor for...
Fundstrat’s Tom Lee told attendees at Binance Blockchain Week that he believes the worst leg of the recent crypto slump...
https://www.newsbtc.com/ne...
15 days ago
Strive, a Nasdaq-listed firm and the 14th-largest public holder of Bitcoin, is pushing back against MSCI’s plan to remove companies with significant digital-asset exposure from its global indexes.
Key Takeaways:
Strive says MSCI’s plan to exclude crypto-heavy firms would shut investors out of key growth sectors.
JPMorgan warns Strategy could face up to $2.8B in losses under the proposal.
Strive argues BTC-focused firms are vital to AI infrastructure and structured finance, making the cutoff unfair.
https://finance.yahoo.com/...
Key Takeaways:
Strive says MSCI’s plan to exclude crypto-heavy firms would shut investors out of key growth sectors.
JPMorgan warns Strategy could face up to $2.8B in losses under the proposal.
Strive argues BTC-focused firms are vital to AI infrastructure and structured finance, making the cutoff unfair.
https://finance.yahoo.com/...
15 days ago
15 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
BlackRock Inc. (NYSE:BLK) is seeing persistent withdrawals from its iShares Bitcoin Trust (NASDAQ:IBIT) as investors pulled more than $2.7 billion over five consecutive weeks.
IBIT is facing its longest run of withdrawals since it began trading in January 2024, Bloomberg reported on Friday.
Bloomberg data shows more than $2.7 billion left the fund over the five weeks through Nov. 28, with another $113 million exiting on Thursday.
The steady pullback follows Bitcoin's (CRYPTO: BTC) deeper co
BlackRock Inc. (NYSE:BLK) is seeing persistent withdrawals from its iShares Bitcoin Trust (NASDAQ:IBIT) as investors pulled more than $2.7 billion over five consecutive weeks.
IBIT is facing its longest run of withdrawals since it began trading in January 2024, Bloomberg reported on Friday.
Bloomberg data shows more than $2.7 billion left the fund over the five weeks through Nov. 28, with another $113 million exiting on Thursday.
The steady pullback follows Bitcoin's (CRYPTO: BTC) deeper co
16 days ago
The Bitcoin price volatility is once again drawing attention to MicroStrategy, the company whose strategy has become a major market...
Bitcoin has been struggling to build momentum in recent weeks, and the return of cash into the system is raising...
Bitcoin is trading around $91,000 after a minor dip earlier today, and uncertainty continues to dominate sentiment. The market sits...
https://www.newsbtc.com/ne...
Bitcoin has been struggling to build momentum in recent weeks, and the return of cash into the system is raising...
Bitcoin is trading around $91,000 after a minor dip earlier today, and uncertainty continues to dominate sentiment. The market sits...
https://www.newsbtc.com/ne...
16 days ago
Wall Street is preparing to welcome a major player to the New York Stock Exchange as Twenty One Capital moves toward its public debut.
This Bitcoin price prediction examines what the landmark listing could mean for BTC’s trajectory amid ongoing market volatility.
Bitcoin treasury firm Twenty One Capital, Inc., has received shareholder approval for its business combination with Cantor Equity Partners (CEP).
The transaction is expected to close around December 8, with the merged entity’s Class A common stock anticipated to begin trading on December 9 under the ticker symbol XXI.
https://cr
This Bitcoin price prediction examines what the landmark listing could mean for BTC’s trajectory amid ongoing market volatility.
Bitcoin treasury firm Twenty One Capital, Inc., has received shareholder approval for its business combination with Cantor Equity Partners (CEP).
The transaction is expected to close around December 8, with the merged entity’s Class A common stock anticipated to begin trading on December 9 under the ticker symbol XXI.
https://cr
16 days ago
Bitcoin (BTC) continues to walk a tightrope after weeks of volatile swings.
Since Oct. 10, BTC has fluctuated between $82,000 and $90,000 — a sharp drop from its early October peak of $126,000. As of Dec. 5, Bitcoin was trading around $91,009.90 at press time, down 1.5% over the past 24 hours, as per CoinGecko.
Despite the recent pullback, Ripple CEO Brad Garlinghouse remains bullish on the long-term outlook for Bitcoin and the broader crypto market.
Speaking at Binance Blockchain Week during a panel on crypto’s future, Garlinghouse predicted Bitcoin could hit $180,000 by the end of 2026.
Since Oct. 10, BTC has fluctuated between $82,000 and $90,000 — a sharp drop from its early October peak of $126,000. As of Dec. 5, Bitcoin was trading around $91,009.90 at press time, down 1.5% over the past 24 hours, as per CoinGecko.
Despite the recent pullback, Ripple CEO Brad Garlinghouse remains bullish on the long-term outlook for Bitcoin and the broader crypto market.
Speaking at Binance Blockchain Week during a panel on crypto’s future, Garlinghouse predicted Bitcoin could hit $180,000 by the end of 2026.
16 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin is starting December on weaker footing as risk ****** ets wobble and the year-end rally narrative gives way to a market working through heavy volatility. BTC has fallen into the mid-$80,000s after trading above $125,000 in early October, leaving the token roughly 30% off the highs and giving back a large portion of its 2025 outperformance.
The tone has shifted from momentum to repair as traders reassess positioning, ETF flows, and macro pressure.
Against that backdrop, we ran Bitcoin
Bitcoin is starting December on weaker footing as risk ****** ets wobble and the year-end rally narrative gives way to a market working through heavy volatility. BTC has fallen into the mid-$80,000s after trading above $125,000 in early October, leaving the token roughly 30% off the highs and giving back a large portion of its 2025 outperformance.
The tone has shifted from momentum to repair as traders reassess positioning, ETF flows, and macro pressure.
Against that backdrop, we ran Bitcoin
16 days ago
Ether vs. Bitcoin teases 170% gains as ETH price breaks 5-month downtrend
Ether price action staged a repeat of its 2021 bull market moves against Bitcoin, leading to predictions of fresh long-term highs against BTC.
Ether
ETH
$3,140
is teasing 170% gains in under two months as history repeats itself against Bitcoin
BTC
$91,395
.
Key points:
Ether has the potential to rematch long-term highs above 0.09 in Bitcoin terms.
Bull market history continues to play out for the largest altcoin, with $3,700 the next target.
https://cointelegraph.com/...
Ether price action staged a repeat of its 2021 bull market moves against Bitcoin, leading to predictions of fresh long-term highs against BTC.
Ether
ETH
$3,140
is teasing 170% gains in under two months as history repeats itself against Bitcoin
BTC
$91,395
.
Key points:
Ether has the potential to rematch long-term highs above 0.09 in Bitcoin terms.
Bull market history continues to play out for the largest altcoin, with $3,700 the next target.
https://cointelegraph.com/...
16 days ago
Bitcoin, Ethereum (ETH), XRP, and Solana (SOL) traders brace for volatility ahead of $4 billion options expiry.
BTC max pain price is at $91,000 and ETH max pain is at $3,050.
XRP price already fell below its max pain at $2.15.
SOL price could drop to $132 amid selling pressure.
Bitcoin, Ethereum, XRP, and Solana traders brace for today’s over $4 billion in crypto options expiry. Traders anticipate short-term volatility in the broader crypto market. The event could cause the market cap to drop below $3 trillion once again ahead of next week’s FOMC rate decision.
https://finance.yahoo.co
BTC max pain price is at $91,000 and ETH max pain is at $3,050.
XRP price already fell below its max pain at $2.15.
SOL price could drop to $132 amid selling pressure.
Bitcoin, Ethereum, XRP, and Solana traders brace for today’s over $4 billion in crypto options expiry. Traders anticipate short-term volatility in the broader crypto market. The event could cause the market cap to drop below $3 trillion once again ahead of next week’s FOMC rate decision.
https://finance.yahoo.co
17 days ago
Bitcoin held just under $92,000 on Friday as traders weighed a heavy mix of labour data, central bank bets and choppy equity markets in Asia, Europe and the US.
Akshat Siddhant, lead quant ****** yst at Mudrex, said the crypto market continues to display strong resilience.
“Renewed whale accumulation is supporting the trend, as ETH whales have added over 450,000 ETH since mid-November, with BTC whales showing similar activity.”
“Even with the US labour market displaying solid strength, the odds for a rate cut this month stand at 93%, contributing to the buying pressure. A clear move above $
Akshat Siddhant, lead quant ****** yst at Mudrex, said the crypto market continues to display strong resilience.
“Renewed whale accumulation is supporting the trend, as ETH whales have added over 450,000 ETH since mid-November, with BTC whales showing similar activity.”
“Even with the US labour market displaying solid strength, the odds for a rate cut this month stand at 93%, contributing to the buying pressure. A clear move above $
17 days ago
Concerns around quantum computing have resurfaced, with some ****** ysts warning it could pose a serious threat to Bitcoin’s future.
While K33 Research believes these fears are overblown, the long-term Bitcoin price prediction could shift dramatically if this view proves wrong.
According to Vetle Lunde, Head of Research at K33, roughly 6.8 million BTC may be at risk if quantum machines advance far enough to break current encryption standards.
However, Lunde emphasized that “the timeline for such breakthroughs remains uncertain, and exchanges are unlikely to allow compromised coins to circul
While K33 Research believes these fears are overblown, the long-term Bitcoin price prediction could shift dramatically if this view proves wrong.
According to Vetle Lunde, Head of Research at K33, roughly 6.8 million BTC may be at risk if quantum machines advance far enough to break current encryption standards.
However, Lunde emphasized that “the timeline for such breakthroughs remains uncertain, and exchanges are unlikely to allow compromised coins to circul
17 days ago
Peter Schiff engaged in a debate with CZ at Binance Blockchain Week after challenging Bitcoin’s legitimacy as a generator of real economic value.
Speaking on stage opposite Changpeng Zhao (CZ), Schiff argued that Bitcoin is a zero-sum wealth transfer rather than a productive ***** et.
Here is Schiff’s full statement as delivered during the debate:
"All Bitcoin does is enable a transfer of wealth from people who buy BTC to the people who sell it. When Bitcoin is created, there's no real wealth. We have about 20 million Bitcoin now that we didn't have 15 years ago. But we're no better off bec
Speaking on stage opposite Changpeng Zhao (CZ), Schiff argued that Bitcoin is a zero-sum wealth transfer rather than a productive ***** et.
Here is Schiff’s full statement as delivered during the debate:
"All Bitcoin does is enable a transfer of wealth from people who buy BTC to the people who sell it. When Bitcoin is created, there's no real wealth. We have about 20 million Bitcoin now that we didn't have 15 years ago. But we're no better off bec
17 days ago
Bitcoin (BTC) reversed its overnight climb to $94,000, dipping back to $92,000 during U.S. hours Thursday, continuing choppy rangebound action after the wild moves first lower, than higher earlier int he week.
Ethereum’s ether (ETH) held up relatively well, down only 0.7% on the day and changing hands above $3,100 in the afternoon hours. Among altcoins, XRP (XRP), Hedera (HBAR), Bitcoin Cash (BCH) and privacy-oriented Zcash (ZEC) led the downside with 4%–5% declines, while the broad-market CoinDesk 20 Index was 2% lower.
Despite the pullback, BTC continues to hold well above the support leve
Ethereum’s ether (ETH) held up relatively well, down only 0.7% on the day and changing hands above $3,100 in the afternoon hours. Among altcoins, XRP (XRP), Hedera (HBAR), Bitcoin Cash (BCH) and privacy-oriented Zcash (ZEC) led the downside with 4%–5% declines, while the broad-market CoinDesk 20 Index was 2% lower.
Despite the pullback, BTC continues to hold well above the support leve
17 days ago
Bitcoin (BTC) is once again behaving differently from the traditional risk ******* et complex, and the latest divergence may be sending an important signal.
Negative correlation between bitcoin and the Nasdaq 100 has often aligned with market bottoms for bitcoin, and the current setup looks similar to several past turning points.
This is now the fourth time in the past five years that the two ******* ets have moved into negative territory on a 20 day correlation coefficient, which currently sits at -0.43. The pattern also resembles the negative correlation periods seen in summer 2021 and Aug
Negative correlation between bitcoin and the Nasdaq 100 has often aligned with market bottoms for bitcoin, and the current setup looks similar to several past turning points.
This is now the fourth time in the past five years that the two ******* ets have moved into negative territory on a 20 day correlation coefficient, which currently sits at -0.43. The pattern also resembles the negative correlation periods seen in summer 2021 and Aug
17 days ago
Bitcoin price action, investor sentiment point to bullish December
An emerging bullish Bitcoin trend challenges a decade-long bearish seasonal pattern. Will BTC hit new highs before the end of 2025?
Bitcoin
BTC
$92,066
entered the new month with a statistical headwind it has never overcome: every time November ended in the red, BTC struggled to turn bullish in December. Yet this year’s structure looks materially different, with momentum, liquidity rotation, and cycle deviations pushing against what has been a 100% bearish seasonal setup.
Key takeaways:
Bitcoin’s bearish December perio
An emerging bullish Bitcoin trend challenges a decade-long bearish seasonal pattern. Will BTC hit new highs before the end of 2025?
Bitcoin
BTC
$92,066
entered the new month with a statistical headwind it has never overcome: every time November ended in the red, BTC struggled to turn bullish in December. Yet this year’s structure looks materially different, with momentum, liquidity rotation, and cycle deviations pushing against what has been a 100% bearish seasonal setup.
Key takeaways:
Bitcoin’s bearish December perio
17 days ago
La senatrice degli Stati Uniti Cynthia Lummis ha riacceso le speculazioni su una possibile mossa concreta degli USA per aumentare...
USDT en danger ? La diversification de Tether dans l’or et le bitcoin alimente un nouveau FUD. La société affiche...
As the market rebounds, Solana (SOL) is retesting a crucial area that has served as resistance since the November pullbacks....
https://www.newsbtc.com/ne...
USDT en danger ? La diversification de Tether dans l’or et le bitcoin alimente un nouveau FUD. La société affiche...
As the market rebounds, Solana (SOL) is retesting a crucial area that has served as resistance since the November pullbacks....
https://www.newsbtc.com/ne...
17 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Congresswoman Marjorie Taylor Greene (R-Ga.) has been actively buying up shares of a Bitcoin ETF in 2025. A new disclosure shows another purchase, which came during a dip in the price of the leading cryptocurrency.
The congresswoman bought $1,000 to $15,000 in shares of the iShares Bitcoin Trust (NASDAQ:IBIT) on Nov. 21, according to the Benzinga Government Trades page.
The purchase adds to other purchases of the Bitcoin (CRYPTO: BTC) ETF in 2025, which include the following:
Jan 8: $1,000
Congresswoman Marjorie Taylor Greene (R-Ga.) has been actively buying up shares of a Bitcoin ETF in 2025. A new disclosure shows another purchase, which came during a dip in the price of the leading cryptocurrency.
The congresswoman bought $1,000 to $15,000 in shares of the iShares Bitcoin Trust (NASDAQ:IBIT) on Nov. 21, according to the Benzinga Government Trades page.
The purchase adds to other purchases of the Bitcoin (CRYPTO: BTC) ETF in 2025, which include the following:
Jan 8: $1,000
17 days ago
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
What we're watching
What we're reading
Economic data releases and earnings
It's hard to tell just looking at the price charts if bitcoin (BTC-USD) investors have been naughty or nice.
https://finance.yahoo.com/...
What we're watching
What we're reading
Economic data releases and earnings
It's hard to tell just looking at the price charts if bitcoin (BTC-USD) investors have been naughty or nice.
https://finance.yahoo.com/...
17 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC) gained fresh attention on Wednesday after Strategy executive chairman (NASDAQ: MSTR) Michael Saylor said the **** et now consumes more power than the U.S. Navy and the combined infrastructure of Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL).
Speaking at Binance Blockchain Week, Saylor said Bitcoin's rise from speculative instrument to "digital capital" accelerated once President Donald Trump positioned himself as the "Bitcoin president" and appointed crypto-friendly
Bitcoin (CRYPTO: BTC) gained fresh attention on Wednesday after Strategy executive chairman (NASDAQ: MSTR) Michael Saylor said the **** et now consumes more power than the U.S. Navy and the combined infrastructure of Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL).
Speaking at Binance Blockchain Week, Saylor said Bitcoin's rise from speculative instrument to "digital capital" accelerated once President Donald Trump positioned himself as the "Bitcoin president" and appointed crypto-friendly
20 days ago
Kazakhstan’s central bank has signaled plans to place up to $300 million into crypto and crypto-linked ***** ets, a move that...
比特幣在經歷數次劇烈震盪後，於當前價格區間呈現出越來越多的建構性跡象。若把視野拉到 2026 年，市場正有兩股力量同步推高 BTC 再攻 10 萬美元的機率：一是以巨鯨（ whales ）為代表的長期...
Bitcoin price started a fresh decline from $92,000. BTC is down over 5% and the bulls are struggling to keep...
https://www.newsbtc.com/ne...
比特幣在經歷數次劇烈震盪後，於當前價格區間呈現出越來越多的建構性跡象。若把視野拉到 2026 年，市場正有兩股力量同步推高 BTC 再攻 10 萬美元的機率：一是以巨鯨（ whales ）為代表的長期...
Bitcoin price started a fresh decline from $92,000. BTC is down over 5% and the bulls are struggling to keep...
https://www.newsbtc.com/ne...
20 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC) doom-callers may want to sit down. Fundstrat co-founder and Head of Research Tom Lee is back, and he's not whispering — he's declaring that "the high isn't in yet," insisting Bitcoin is nowhere near done despite a bruising November.
Lee believes the market is dramatically underestimating what happens when liquidity turns, fund managers panic-buy, and the Fed finally pivots from years of tightening.
His line in the sand: Bitcoin not only recovers, but "can make a new all
Bitcoin (CRYPTO: BTC) doom-callers may want to sit down. Fundstrat co-founder and Head of Research Tom Lee is back, and he's not whispering — he's declaring that "the high isn't in yet," insisting Bitcoin is nowhere near done despite a bruising November.
Lee believes the market is dramatically underestimating what happens when liquidity turns, fund managers panic-buy, and the Fed finally pivots from years of tightening.
His line in the sand: Bitcoin not only recovers, but "can make a new all
20 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bitcoin (CRYPTO: BTC) is down almost 6% in the past 24 hours after a sudden wave of long-position liquidations erased nearly $4,000 from price in a matter of minutes.
Jim Cramer said the sharp decline reflected speculative positioning rather than any change in Bitcoin's underlying case.
In a post on X, Cramer said the morning selloff aligned with what he outlined in his Sunday note, arguing that Bitcoin and speculative trading "collaborate to start the month horribly" and have "nothing to do
Bitcoin (CRYPTO: BTC) is down almost 6% in the past 24 hours after a sudden wave of long-position liquidations erased nearly $4,000 from price in a matter of minutes.
Jim Cramer said the sharp decline reflected speculative positioning rather than any change in Bitcoin's underlying case.
In a post on X, Cramer said the morning selloff aligned with what he outlined in his Sunday note, arguing that Bitcoin and speculative trading "collaborate to start the month horribly" and have "nothing to do
20 days ago
US stocks slid on Monday, while bitcoin's (BTC-USD) slump deepened as Wall Street's strong late-November rebound took a rockier turn to begin December.
The Nasdaq Composite (^IXIC) dropped 0.4%, while the S&P 500 (^GSPC) fell around 0.5%. The Dow Jones Industrial Average (^DJI) slid around 0.9%, or over 400 points, after the blue-chip benchmark led Wall Street indexes to a fifth day of gains on Friday.
Some of Wall Street's biggest names bucked the negative trend. AI chip heavyweight Nvidia (NVDA) fell at the open before reversing course and ultimately gaining over 1%. Apple (AAPL) stock ros
The Nasdaq Composite (^IXIC) dropped 0.4%, while the S&P 500 (^GSPC) fell around 0.5%. The Dow Jones Industrial Average (^DJI) slid around 0.9%, or over 400 points, after the blue-chip benchmark led Wall Street indexes to a fifth day of gains on Friday.
Some of Wall Street's biggest names bucked the negative trend. AI chip heavyweight Nvidia (NVDA) fell at the open before reversing course and ultimately gaining over 1%. Apple (AAPL) stock ros
20 days ago
US stocks sank on Monday while bitcoin's (BTC-USD) slump deepened, as Wall Street's strong late-November rebound looked set to hit a speed **** p on the first trading day of December.
Tech led the retreat, with the Nasdaq Composite (^IXIC) down around 1% and the S&P 500 (^GSPC) dropping roughly 0.7%. The Dow Jones Industrial Average (^DJI) slid around 0.6%, after the blue-chip benchmark led Wall Street indexes to a fifth day of gains on Friday.
All the "Magnificent Seven" megacap stocks except Amazon (AMZN) pulled back, led by falls of around 1% for Nvidia (NVDA), Meta (META), and Tesla (TSL
Tech led the retreat, with the Nasdaq Composite (^IXIC) down around 1% and the S&P 500 (^GSPC) dropping roughly 0.7%. The Dow Jones Industrial Average (^DJI) slid around 0.6%, after the blue-chip benchmark led Wall Street indexes to a fifth day of gains on Friday.
All the "Magnificent Seven" megacap stocks except Amazon (AMZN) pulled back, led by falls of around 1% for Nvidia (NVDA), Meta (META), and Tesla (TSL
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1 month ago
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