Bitcoin Stumbles Back Below $90K
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Traders are looking past the Fed’s December interest rate decision to whether its going to start growing its $6.5 trillion balance sheet and blow up stocks, crypto and the bitcoin
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
In a late November research note, JPMorgan outlined a long-term price target of $240,000 for Bitcoin.
Standard Chartered, which previously predicted bitcoin would hit $200k in 2025, said it was slashing its forecasts for through the end of the decade.
In the face of a profitability crisis, industrial-scale bitcoin miners are transforming their data centers into AI factories.
Texas has placed taxpayer dollars into a high-risk — but potentially high-reward — cryptocurrency reserve by betting big on Bitcoin. NewsNation’s Xavier Walton has the details of the $5 million buy. #
With a series of record highs and crushing sell-offs, 2025 has been a rollercoaster ride for bitcoin, the world's largest cryptocurrency, which is at risk of ending the year with its first annual decline since 2022.
Tech tycoon Elon Musk 's SpaceX has moved millions of dollars' worth of Bitcoin (BTC) as the aerospace and space transportation company is reportedly planning for an initial public offering (IPO) in 2026. As Musk himself is a strong Bitcoin advocate, SpaceX began adding the digital asset to its balance sheet in 2021.
In a McDonald's by a lake surrounded by mountains, in the centre of the Swiss city of Lugano, a customer orders coffee. "Can I pay with bitcoin?" he asks, and the person behind the counter holds out what looks like a credit card payment terminal.
Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks.