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Source: Invezz News Agency
Yesterday
Cryptocurrency Medium Importance AI Analyzed

Bitcoin crushed the shorts on its way to $87K: what happens when that fuel runs out

Bitcoin's explosive move toward $87,000 crushed traders betting against the cryptocurrency, but Tuesday's pullback is setting up the rally's next test. BTC pushed towards $87,300 on Monday before retreating towards $85,800 on Tuesday, after breaking through resistance around $82,000. The move forced hundreds of millions in bearish positions to close, creating automatic buy orders that accelerated the advance. But forced buying is temporary. With leverage rebuilding even as shorts were liquidated, Bitcoin now needs spot investors and ETF flows to prove buyers still exist once the squeeze has run its course.

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Source: Invezz
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Source: CNBC News Agency
Yesterday
General Medium Importance AI Analyzed

Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning

U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday. Investors are still keeping an eye on a possible diplomatic solution as Iranian President Masoud Pezeshkian is set to fly to the United Nations in New York.

Source: CNBC
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Source: Bitcoin.com News News Agency
Yesterday
Cryptocurrency Medium Importance

AI Risk Is Bitcoin Price Opportunity as Giant Funds Get Anxious

As capital rotation into all things AI-related has been cited as one of the reasons for the bitcoin bear market this year, a new environment is emerging that could help BTC recapture at least some of that capital.

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Source: Bitcoin.com News
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Source: Benzinga News Agency
Yesterday
Cryptocurrency Medium Importance

Anthony Pompiano Reiterates Bitcoin Has 'No Top' Because the Dollar Has 'No Bottom,' Bets BTC Will Go 'Way Higher'

Anthony Pompliano, CEO of ProCap Financial Inc. (NASDAQ:BRR), reiterated his long-held view on Monday that Bitcoin's (CRYPTO: BTC) future growth is tied to an increase in the money supply. ‘Dollar Has No Bottom' In a Fox News interview, Pompliano said Bitcoin does not depend on the CLARITY Act, but is shaped more by global liquidity and fiat money printing.

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Source: Benzinga
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