News

The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy.

Bitcoin's price has dropped 22% from its record high of $109,000 on Jan. 20, 2025, the day of Donald Trump's inauguration.

A growing number of top investors now consider Bitcoin to be superior to physical gold as a store of value, a hedge against inflation, and a safe haven amid economic uncertainty. To answer that question, it's important to understand the unique characteristics and features of Bitcoin. Most importantly, the total lifetime supply of Bitcoin is capped at 21 million coins, and nearly 20 million coins are already in existence.

Traders say the current sell-off could have been caused by an unwinding of ETF and spot linked traders.

A group of traders looked to liquidate the giant short position in BTC but the operation failed, per observers.

Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) might be a bit safer than some crypto assets, but it isn't as though they're rock solid when things are falling apart. As the Nasdaq Composite and S&P 500 enter correction territory, investors are starting to worry more about a potential market crash. To start, let's take a look at how Bitcoin and XRP performed during the early 2020 coronavirus market crash.

Cathie Wood is one of the most vocal bulls on Wall Street when it comes to the potential of the technology sector. In fact, ARK was one of the first firms to win approval from the Securities and Exchange Commission to launch a Bitcoin (CRYPTO: BTC) ETF last year. Wood and her team are extremely bullish on the world's largest cryptocurrency, predicting it could soar 1,660% to $1.48 million per coin by the year 2030.