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BOJ Raises Interest Rates to 0.75%, But Bitcoin Stands Unshaken—Is the Crypto Calm a Warning or Opportunity?
Yahoo Finance· 2025-12-19 06:36
Core Viewpoint - The Bank of Japan (BOJ) raised its policy interest rate by 25 basis points to 0.75%, marking the highest level in nearly 30 years, indicating a gradual exit from ultra-easy monetary policy. Despite this significant change, Bitcoin's price remained stable, showing only a slight increase of under 1% and holding in the $87,000 range [1][2]. Group 1: BOJ Rate Hike Impact - The recent rate hike contrasts with historical trends where previous BOJ tightening cycles led to sharp sell-offs in crypto markets, particularly due to unwinding yen carry trades and tightening global liquidity [2][3]. - Market participants had largely anticipated the rate increase, suggesting that the move was already priced in, which contributed to Bitcoin's muted response [2][3]. - Analysts emphasize that the focus is not solely on the hike itself but on the forward guidance from BOJ Governor Ueda, which could indicate future rate hikes and amplify market effects [4][5]. Group 2: Future Outlook - The BOJ has indicated a willingness to raise rates further, potentially reaching 1% or higher by late 2026, depending on wage growth and sustained inflation, which could exert pressure on risk assets [5][6]. - Bitcoin's resilience amidst the rate hike may signal a bullish trend, diverging from historical patterns of volatility in response to similar monetary policy changes [7].
Bitcoin, Ethereum Rise Following Soft US Inflation Data
Yahoo Finance· 2025-12-18 16:13
Bitcoin and Ethereum grew volatile on Thursday, whipsawing after a widely watched inflation gauge indicated that consumer prices rose less than expected last month. The cryptocurrencies respectively popped as high as $89,000 and $2,980 before U.S. markets opened, as delayed data from the Bureau of Labor Statistics edged rate cut hopes higher. However, when the opening bell rang, Bitcoin and Ethereum wavered. As of this writing, Bitcoin had fallen 1.6% over the past week to $88,399, according to CoinGecko. ...
Could Bittensor Ever Be as Successful as Bitcoin?
Yahoo Finance· 2025-12-18 00:58
Core Viewpoint - Bitcoin is being adopted by Wall Street, which contrasts with its original ethos, while Bittensor aims to decentralize AI services, positioning itself as a potential next-generation Bitcoin for the AI age despite a significant decline in value [1][2]. Group 1: Bittensor's Position in the Market - Bittensor recently completed a reward halving on December 15, reducing its supply of minted coins, which is a common narrative in the cryptocurrency space [2]. - The cryptocurrency market has seen many projects claiming to be "the next Bitcoin," but Bittensor may hold real long-term value despite facing challenges typical of ambitious crypto projects [2]. Group 2: Comparison with Bitcoin - The narrative surrounding Bittensor mirrors that of Bitcoin, where new networks challenge established incumbents, suggesting a potential shift in the current order [3]. - The phrase "long Bitcoin, short the banks" has been popular among influencers, although Bitcoin is now integrated into Wall Street banks and publicly traded stocks [3]. Group 3: Concerns About Centralization - There are growing concerns regarding the dominance of AI companies like OpenAI and Anthropic, which some view as too powerful and potentially threatening [4]. - Bittensor's goal is to decentralize AI workloads, moving away from traditional proof-of-work models to focus on real-use AI applications [5]. Group 4: Technological Mechanism - Bittensor utilizes a mechanism similar to Bitcoin's, coordinating a global network of hardware to secure a ledger, but redirects computational power towards training and running AI models [6]. - Yuma, a major backer of Bittensor, emphasizes the direct benefits of this approach in today's world, highlighting the potential for practical applications in AI [6].
Traders mull the bottom as bitcoin returns to week's lows below $86,000
Yahoo Finance· 2025-12-17 19:31
Bitcoin has returned to its week low of $85,500 after suffering the dreaded "Bart Simpson pattern" earlier on Wednesday in which the price quickly runs higher, flattens out for a few minutes, and then just as quickly plunges to its previous spot. The resulting shape on the charts ends up looking similar to the head of the famous cartoon character. The crypto market again appears to be stuck the troublesome scenario of not being at all correlated with stocks when they're headed higher, but having a 1:1 co ...
Cryptocurrencies: Bitcoin Drops Below $90K
Etftrends· 2025-12-17 18:27
Cryptocurrency Overview - Bitcoin is the world's first cryptocurrency and decentralized digital currency, launched in early 2009, and has become a mainstream financial asset despite its volatility [1] - Ether, launched in July 2015, operates on the Ethereum blockchain and holds the second largest market share among cryptocurrencies [3] - XRP, owned by Ripple, was launched in 2012 and was one of the larger cryptocurrencies until newer coins entered the market [4] Bitcoin Market Performance - Bitcoin's closing price recently dropped below $90,000, marking its lowest level in over two weeks, and is down approximately 7% year-to-date, sitting around 30% below its record close from October 2025 [2] Ether Market Performance - Ether's closing price fell below $3,000 for the first time in two weeks, with a year-to-date decline of approximately 12% and is about 39% below its record close from August 2025 [3]
If You Bought Bitcoin 10 Years Ago at Today’s Price, Here’s What You’d Have Now
Yahoo Finance· 2025-12-16 17:55
Bitcoin is the most popular cryptocurrency in the world, with a total market cap of over $2 trillion and millions of investors around the globe. But while Bitcoin is still the clear leader in the digital asset space, investors have seen wild ups and downs over the last decade. Once worth pennies, Bitcoin became a global phenomenon, a speculative bubble and now, some argue, a legitimate store of value. Learn More: I Got Rich Investing — These Lessons for Beginners Could Lead To $1 Million Net Worth Check ...
Cathie Wood Makes $17M Bet on Tom Lee’s Ethereum Treasury, Ranks Bitcoin 'Leader' Amid $1.5M Prediction
Yahoo Finance· 2025-12-16 15:17
Cathie Wood remains bullish on Ethereum and Bitcoin. Key Takeaways Cathie Wood’s firm purchased roughly $17 million worth of Bitmine shares, which is part of Tom Lee’s Ethereum treasury. Wood reaffirmed Bitcoin as the “leader” among major cryptocurrencies. Analysts warn that Ethereum may see further declines before a potential rebound. ARK Invest founder Cathie Wood made a fresh multi-million dollar bet on Tom Lee-linked Ethereum treasury firm Bitmine Immersion Technologies on Monday, even as the ...
These Cryptocurrencies Beat the Market by 20% or More in 2025. Should You Buy Them in 2026?
Yahoo Finance· 2025-12-16 10:05
Core Insights - Crypto investors are currently focused on the struggles of Bitcoin and Ethereum, both of which are down over 30% from their highs earlier this year [1] - Despite the downturn of major cryptocurrencies, nearly a dozen top cryptocurrencies have outperformed the market in 2025, with some increasing by as much as 20% or more [1] - The question arises whether any of these outperforming cryptocurrencies are worth buying in 2026 [1] Performance Analysis - Bitcoin has been the market bellwether for over a decade, accounting for almost 60% of the total market cap of the crypto industry [2] - With Bitcoin down 9% for the year, any cryptocurrency that is in the green is considered to have beaten the market [3] - Notable top performers include BNB up 20%, Tron up 9%, Bitcoin Cash up 16%, and Hyperliquid up 5% for the year [3] Exceptional Performers - Among lesser-known cryptocurrencies, Aster has surged by 1,000% and MemeCore has skyrocketed by 2,500% for the year [4] Investment Considerations - Popular cryptocurrencies like Ethereum, XRP, and Solana are not among the top performers, presenting a dilemma for investors on whether to stick with established names or explore riskier options [5] - Long-term buy-and-hold strategies may favor established cryptocurrencies such as Bitcoin, Ethereum, and Coinbase over this year's outliers [5] - The recommendation is to focus on proven winners rather than this year's high performers, as established cryptocurrencies may offer better long-term investment potential [6]
Bitcoin Falls Ahead Of Jobs Report; Ethereum, XRP, Dogecoin Also Retreat: Analyst Says BTC's Rebound Above This Level Would Mark End Of Correction - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
Benzinga· 2025-12-16 02:01
Cryptocurrency Market Overview - Leading cryptocurrencies experienced declines, with Bitcoin falling by 2.92% to $86,052.02, Ethereum down 3.81% to $2,958.27, and XRP decreasing by 4.89% to $1.88 [2][3] - Over the last 24 hours, the cryptocurrency market saw liquidations exceeding $600 million, including $505 million in bullish long positions [4] - The global cryptocurrency market capitalization decreased by 1.75%, now standing at $3.03 trillion [6] Market Sentiment and Analysis - The Crypto Fear and Greed Index indicates a prevailing "Extreme Fear" sentiment in the market [5] - Bitcoin has been trading below the Short-Term Holders' realized price of $104,000 for nearly two months, suggesting that recent buyers are at a loss [10] - Analysts project that if Bitcoin does not reclaim the $104,000 level, market conditions will remain challenging for new entrants, indicating a transitional phase rather than a bearish market [11] Stock Market Performance - Stocks also declined, with the Dow Jones Industrial Average falling by 41.49 points (0.09%) to 48,416.56, the S&P 500 dipping 0.16% to 6,816.51, and the Nasdaq Composite decreasing by 0.59% to 23,057.41 [7] - Analysts forecast approximately 40,000 new nonfarm payrolls for November, a significant drop from September's 119,000 jobs added, which may impact market sentiment [8]
BNB falls below key support as crypto market cap slips toward $3 trillion
Yahoo Finance· 2025-12-15 17:18
BNB Coin (BNB) dropped over 3% in the past 24 hours, falling to $850, undercutting key support zones and erasing earlier session gains. The move comes despite a brief technical breakout attempt near $888 and signs of accumulation during overnight trading hours, according to CoinDesk Research's technical analysis data model. BNB spent most of the day consolidating between $885 and $888, building a tight range pattern supported by rising lows and increased volume early in the session. A breakout above the ...