Bitcoin could hit $250,000 as early as this year with technology giants such as Microsoft and Apple entering the cryptocurrency space, industry veteran and founder of the Cardano blockchain Charles Hoskinson told CNBC. Crypto markets have been hammered amid a sell-off of risk assets stoked by U.S. President Donald Trump’s “reciprocal tariffs” on countries across…
Jakub Porzycki | Nurphoto | Getty Images Bitcoin fell below the $79,000 level as investors braced for more financial market volatility after U.S. equites suffered their worst decline since 2020 on the rollout of President Donald Trump’s restrictive global tariffs. The price of bitcoin was last lower by 4% at $78,835.07, according to Coin Metrics,…
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve,…
FRANCE – 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Romain Doucelin | Getty Images Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve that will include…
Jakub Porzycki | Nurphoto | Getty Images A week-long rout in Bitcoin worsened Friday, with the digital asset hitting an over 3-month low, reversing gains that followed the election of U.S. President Donald Trump. Bitcoin was trading at about $80,500 in early trading in Asia, down 3.45% on the day and nearly 25% lower than…
Jakub Porzycki | Nurphoto | Getty Images Standard Chartered’s bullish crypto analyst still sees bitcoin’s price hitting $500,000 during Donald Trump’s presidency — even after a selloff that sank the world’s largest digital currency to a three-month low. Geoffrey Kendrick, who heads up digital assets research at Standard Chartered, told CNBC he believes bitcoin will…
A bitcoin is on a screen showing the bitcoin-U.S. dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Cryptocurrencies tumbled to begin the final week of January, with the market in a cooling period after running to a new record and pulled lower by the DeepSeek-driven sell-off in tech stocks. The price of…
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Bitcoin spiked to a new all-time high early Monday but pulled back…
Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies jumped on Thursday as investor appetite shifted to smaller, higher risk coins ahead of President-elect Donald Trump’s inauguration. XRP and litecoin were among the biggest movers, up 11% and 20%, respectively, according to Coin Metrics. The CoinDesk 20 index, a broad crypto market benchmark, gained 4%. Meanwhile, bitcoin…
Jonathan Raa | Nurphoto | Getty Images Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading. On Tuesday the price of the flagship cryptocurrency rose 4% to $96,781.15, according to Coin Metrics, after sliding below the $90,000 support level to start the week. The broader crypto market, as…
