Bitcoin News
By Sakamoto Nashi
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Bitcoin's latest surge to $99,000 has reignited optimism among investors and analysts, with growing speculation that the leading cryptocurrency could hit $200,000 before the end…
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Fed Rate Decision Provides Temporary Boost
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On May 8, 2025, the Federal Reserve introduced that it would maintain its benchmark interest rate range at 4.25% to 4.5%.
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Market watchers are now turning their attention to the Fed's next steps. Many expect that if inflation shows signs of cooling in the coming months, the Fed could initiate a…
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Experts Forecast Bullish Year-End for Bitcoin
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According to Matt Mena, a research strategist at crypto asset management firm 21Shares, Bitcoin is primed for a significant breakout.
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Mena also pointed to rising interest in Bitcoin as an alternative to gold. Notably, BlackRock's Bitcoin ETF, IBIT, has already surpassed the top gold ETF in terms of year-to-date…
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Another key macro factor influencing Bitcoin’s price is the upcoming high-level trade discussions between the United States and China.
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Although prediction market Polymarket currently estimates less than a 30% chance of a trade deal being finalized by June, even the possibility of progress has been enough to buoy…
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Market Data Shows Strong Underlying Demand
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In terms of on-chain activity, data indicates that U.S. investors have played a significant role in Bitcoin’s recovery.
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Looking at derivatives, traders are increasingly betting on further upside. On Deribit, call options for a Bitcoin price of $110,000 have a 28% chance of being hit by June.
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While risks remain and short-term volatility is likely, the broader narrative for Bitcoin appears increasingly bullish.
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