Cryptowatch: Bitcoin Climbs Back Above $8,000

Bitcoin rises Wednesday, climbing back above $8,000 just one day after the No. 1 cryptocurrency briefly dipped under $6,000.

Topics:  bitcoin   
BING NEWS:
  • Bitcoin Faces Short-Term Pressure Amid Macro and Sentiment Shifts
    After topping $108,000 in December, Bitcoin has reversed due to a stronger dollar, increased volatility, and cautious traders. Will it last?
    01/7/2025 - 2:58 pm | View Link
  • Bitcoin downward pressure ‘abated’ as sell-side markets shrink
    Bitcoin’s downward pressure may have already “abated” with sell-side liquidity easing and miners choosing to “hold onto” their Bitcoin, say Bitfinex analysts.
    01/7/2025 - 1:11 pm | View Link
  • Bitcoin Tumbles As Positive Job Market Numbers Dim Hopes for Rate Cuts
    Bitcoin fell sharply as labor data showed continued economic strength that could keep the Federal Reserve from further cutting interest rates.
    01/7/2025 - 10:00 am | View Link
  • Bitcoin’s Price Prediction For 2025: What To Watch For This Year
    Wondering about Bitcoin's price in 2025? Explore this analysis of expert predictions, market trends, and key factors influencing Bitcoin's future value in 2025.
    01/7/2025 - 8:13 am | View Link
  • Bitcoin’s brief rally to $100K triggers record 5.4K BTC monthly outflow
    Burak Kesmeci, a verified analyst at CryptoQuant, highlighted that the 14-day simple moving average (SMA14), which tracks Binance’s net flow, has turned negative. As illustrated in the chart, each ...
    01/7/2025 - 6:57 am | View Link
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