Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.
Blockchain data might give traders comfort that prices aren't likely to revisit the end-of-2020 level anytime soon.
The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.
Higher U.S. inflation expected to be revealed today is both good and bad news for bitcoin prices.
Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.
Last week's drop in crypto investment inflows to a fourth of the prior week's pace came as prices retreated in prices for bitcoin and other digital assets.
Bitcoin's resilience to the dollar's recent rally has opened the doors for a climb to new record highs, according to one analyst.
Upward-sloping price channel starting in late 2017 on weekly chart shows near-term resistance around $60,000.
Stronger bond yields and a rising dollar are capping price progress for risk assets.
Bitcoin's broader bias remains bullish with prices holding well above the 21-week SMA.
A gain this month would mark the sixth straight monthly increase for bitcoin, the first time that’s happened in seven years.
If bitcoin can stay above $50,000, it would mark an end to the recent pullback, an analyst said.
Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.
Institutions are buying more bitcoin per month than what's being mined, and there just isn't enough for everyone.
Institutional investors might be warming to tokens associated with decentralized finance, known as DeFi.