Crypto firm Galaxy says bitcoin will 'climb the wall of worry' as the bull market continues

Go back to Crypto firm Galaxy says bitcoin will 'climb the wall of worry' as the bull market continues

Bernstein increasingly convinced Bitcoin price is heading towards $150,000

March 12, 2024 7:24 AM EDT

Bernstein sees Bitcoin's price hitting $150,000. In a note to clients this week, the firm told investors to buy Bitcoin miners as the recent underperformance "is probably the last window before halving."

As the cryptocurrency continues to rally, currently trading above the $72,000 mark, the firm recalled the words of Satoshi Nakamoto, who told another forum member debating Bitcoin in 2010, "If you don't get it, I don't have the time to try to convince you."

According to Bernstein analyst Gautam Chhugani,... More

Bernstein on Bitcoin: 'We are now more convinced about our $150K price for Bitcoin'

March 12, 2024 6:49 AM EDT

Bernstein on Bitcoin: ' We are now more convinced about our $150K price for Bitcoin'

The analyst comments "We are now more convinced about our $150K price for Bitcoin: Bitcoin today is at $71K, we expected this to break out post halving. We built Bitcoin institutional flows in our... More

Crypto stocks see mixed performance as Bitcoin (BTC) climbs to $67.7K

March 7, 2024 3:31 PM EST

Bitcoin (BTC) rose higher on Thursday to $67,700, bringing its total gain this week to around 7.3%.

On Tuesday, the flagship cryptocurrency notched a new all-time high of $69,210, topping its previous peak recorded during the bull run in late 2021.

Bitcoins latest upswing led to a mixed performance among crypto... More

Macquarie: Does the new meme coin frenzy affect Federal Reserve's policy path?

March 6, 2024 6:30 AM EST

Bitcoin (BTC) touched a new all-time high Tuesday after surging above the $69,000 threshold before seeing a sharp correction of roughly 8%.

Its rally, which has been mainly fueled by a strong interest in ten new dedicated spot Bitcoin exchange-traded funds (ETFs), has expanded into other parts of the crypto market, including meme coins.

Dogecoin (DOGE), for instance, gained more than 110% in the past month, while Shiba Inu (SHIB) rocketed over 300%. Other... More