FMP
Parth Sanghvi
2 days ago
Bitcoin (BTC) has recently experienced a strong surge, climbing sharply last week, but appears to be cooling off ahead of critical U.S. economic data releases and continued uncertainty surrounding U.S.-China trade tariffs. Bitcoin's Strong Run and Cooling Down Bitcoin saw a 0.8% increase on Wednesday, settling near recent highs at $95,041.2, as traders digested a recent rally that saw the cryptocurrency gain almost 15% in April. This marks a notable reversal after two consecutive months of...
Parth Sanghvi
3 days ago
Bitcoin (BTC) could be heading for a new all-time high in the second quarter of 2025, according to Standard Chartered, with a sharp asset reallocation from U.S. markets acting as a major catalyst. The bank’s bullish forecast sees BTC rising from near $95,000 to $120,000 this quarter — and potentially hitting $200,000 by year-end. Strategic Asset Shift Fuels Momentum Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets Research, said in a client note that several key factors a...
Parth Sanghvi
4 days ago
Bitcoin (BTC) steadied on Monday after a strong rally last week, fueled by robust inflows into spot exchange-traded funds (ETFs). However, lingering concerns over the U.S.-China trade conflict kept broader market sentiment cautious. Bitcoin Rebounds, but Momentum Slows Bitcoin rose 0.1% to $94,051.8 by early Monday trading, hovering close to the two-month high of $95,000 it hit last week. The cryptocurrency posted an 11% gain over the past week, recovering sharply from early April lows am...
Parth Sanghvi
Apr 24, 2025
Bitcoin leaped 2.8% on Wednesday to $93,662.90—its highest level since early March—as President Trump eased threats against Fed Chair Jerome Powell and hinted at tariff cuts on China, reviving risk appetite across markets. Bitcoin Price Action High of Day: Topped $94,000 before settling near $93,662.90 (4:53 p.m. ET) Weekly Gain: Up more than 7%, reclaiming seven-week highs Trading Range: Now consolidating within $76,000–$95,000—a breakout above the upper bound could signal the next ...
Parth Sanghvi
Apr 23, 2025
Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced a major strategic move on Tuesday—its entry into the financial services and digital assets space. The company has signed a binding agreement to roll out a series of retail investment products, including cryptocurrencies and exchange-traded funds (ETFs) aligned with America First economic policies. What’s in the Works? TMTG’s initiative is part of a preliminary deal with: Crypto.com, a global digital ass...
Parth Sanghvi
Apr 22, 2025
Bitcoin rose modestly on Tuesday amid fresh buying by MicroStrategy (NASDAQ:MSTR) even as broader crypto markets cooled, weighed down by President Trump’s criticism of the Federal Reserve and U.S.–China trade tensions. Market Snapshot Bitcoin: +0.7% to $88,194.90 (01:33 ET / 05:33 GMT) Broader Crypto: Altcoins drifted lower after lagging Bitcoin’s holiday rally MicroStrategy’s $556 M BTC Purchase Acquisition: 6,556 BTC for $555.8 million, funded via equity offerings Total Holdi...
Parth Sanghvi
Apr 21, 2025
Over a four‑hour stretch on Sunday, Bitcoin (BTC) saw an unprecedented one‑sided flush as leveraged longs were swept out, highlighting the risks of crowded trades heading into the holiday weekend. Sharp Price Drop and Liquidation Imbalance Price Action: Bitcoin fell from around $85,400 to a low near $83,800 before recovering to $84,453. Long vs. Short: A 13,520% long‑to‑short liquidation imbalance—$9.62 million in long positions wiped out versus $71,000 in shorts. Total Liquidations:...
Parth Sanghvi
Apr 18, 2025
Bitcoin rose on Thursday as risk sentiment improved on signs that U.S. trade talks with Japan—and potentially China—may ease global uncertainty, even as the Federal Reserve signaled rates could remain high. Price Snapshot (as of 09:20 ET / 13:20 GMT) Bitcoin: +1% to $84,621.0 Intraday low: Near $83,000 on Wednesday Trade Talks Spur Risk Appetite “Big progress” with Japan: President Trump praised early negotiations with a Japanese trade delegation, calling the sessions a precurs...