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Bitcoin holds around $92,000 as a ‘hawkish’ Fed cut threatens the crypto rally
Yahoo Finance· 2025-12-09 16:24
Core Insights - Bitcoin (BTC) is currently trading above $92,000, but strategists are cautious about the potential for a year-end rally due to rising expectations of a Federal Reserve rate cut [1] - The market anticipates a 25-basis-point rate reduction from the Federal Reserve, with increasing bets on a pause in January [2] - Analysts suggest that a hawkish speech from Fed Chair Jerome Powell could diminish the likelihood of a Bitcoin rally [3] Market Expectations - The Federal Reserve is expected to announce a rate cut at the end of its two-day policy meeting, with investors closely watching Powell's remarks for future policy direction [2] - There is speculation that if Kevin Hassett, viewed as industry-friendly, replaces Powell, it could lead to a market shift from depression to euphoria in 2026 [4] Bitcoin Performance - Bitcoin has struggled recently, having fallen from an October high of approximately $126,000, and is currently near the high end of a recent range of $81,000 to $94,000 [4][5] - The token has declined 2% year-to-date, setting it up for its worst annual performance since the 2022 crypto winter, which saw a 64% drop in value [7] - Bitcoin's performance is diverging from the stock market, with the S&P 500 gaining 16% [7] Investor Sentiment - Analysts note that buyers who purchased Bitcoin in the last six months did so at an average cost basis of around $103,000, leading to a tendency to "sell the rip" rather than "buy the dip" when prices fall below this level [5][6]
Better Buy: XRP vs. Ethereum
Yahoo Finance· 2025-12-09 16:05
Core Insights - XRP and Ethereum are two leading altcoins, both serving as smart contract blockchains for decentralized applications [1][2] - Ethereum has a significant advantage in terms of usage and total value locked compared to XRP [4] Usage and Adoption - Ethereum has approximately $68 billion in total value locked (TVL) in smart contracts, while XRP has only about $68 million [4] - Ethereum generates over $10 million in daily app fees, whereas XRP's daily app fees are often below $1,000 [4] - XRP is primarily used for cross-border payments, but it has not gained significant adoption among banks, despite over 300 banks utilizing Ripple's payments network [5][6] Investment Perspective - Based on current positions, Ethereum is favored as a better investment option compared to XRP [7] - Both cryptocurrencies have potential, and a diversified portfolio could include both [7]
Tom Lee’s BitMine Buys $429 Million in Ethereum as ETH Rebounds
Yahoo Finance· 2025-12-08 16:28
Core Viewpoint - BitMine Immersion Technologies has made a significant purchase of Ethereum, indicating strong confidence in the cryptocurrency's future prospects and positioning itself for a potential "crypto supercycle" [1][4][6] Group 1: Company Actions - BitMine purchased 138,452 ETH for approximately $429 million, increasing its total ETH holdings to 3.864 million, valued at about $12 billion [1] - This purchase is the largest Ethereum acquisition in nearly two months, following a previous purchase of over 200,000 ETH announced on October 19 [2] - BitMine's stock rose by about 2.5% following the announcement, reaching a price of $34.90 [2] Group 2: Market Context - Ethereum has experienced significant gains, rising nearly 11% over the past week and trading around $3,114 [3] - In comparison, Bitcoin has increased by about 7% over the week and 1% in the last 24 hours [3] - Market predictions show a 46% chance that Ethereum's next price target will be $4,000 rather than $2,500 [3] Group 3: Future Outlook - BitMine's Chairman, Tom Lee, cites several positive catalysts for Ethereum, including the recent Fusaka upgrade, anticipated Federal Reserve rate cuts, and recovery from market volatility [4] - Lee predicts strong performance for the crypto industry in 2026, driven by increasing adoption and Wall Street's embrace of tokenization [6] - BitMine is also developing the Made in America Validator Network (MAVAN), a staking infrastructure solution set for deployment in early 2026 [6]
Top 6 Altcoins with Important Events Worth Noting This Week: SOL, BTC, ASTER, LUNA, TAO, AVAX
Yahoo Finance· 2025-12-08 15:02
Altcoins to watch this week. Photo by BeInCrypto The crypto market faces a pivotal week between December 8 and 13, 2025, as six major events converge to impact prices and sentiment. With multiple critical events condensed into a few days, the interplay of macroeconomic policy, technology milestones, legal proceedings, and regulatory action creates a unique dynamic. Together, these forces are likely to influence altcoin valuations and shape investor confidence across the sector. FOMC Interest Rate Decisi ...
U.S. Interest Rates, Do Kwon Sentencing: Crypto Week Ahead
Yahoo Finance· 2025-12-08 09:46
The Federal Reserve meets this week to set U.S. interest rates. The Federal Open Markets Committee (FOMC) is likely to reduce the target rate by 25 basis points to 3.50% to 3.75% when it announces its decision on Dec. 10, according to the CME's Fedwatch tool. Lower rates often tend to encourage investing in riskier, more volatile assets such as cryptocurrencies and equities in the search for higher returns. Do Kwon, founder of Terraform Labs, is set to be sentenced Dec. 11 after he pleaded guilty to defra ...
2 Top Cryptocurrencies to Buy With $200 Right Now
Yahoo Finance· 2025-12-07 11:05
Core Insights - 2025 has not been favorable for cryptocurrency prices, with a market correction occurring despite positive legislative developments like the Genius Act and the planned U.S. strategic Bitcoin reserve [1] - The long-term outlook for cryptocurrencies remains positive as regulatory changes attract institutional investors and provide opportunities for smaller investors [2] Group 1: Bitcoin - Bitcoin is recognized as digital gold, benefiting from its established brand and reputation [4] - The cryptocurrency offers a way for American investors to diversify wealth outside the U.S. dollar amid rising debt and concerns about the dollar's status [5] - Bitcoin's supply is capped at 21 million coins, with nearly 20 million already in circulation, contributing to its value and potential for growth [8] Group 2: Market Performance - Over the past five years, Bitcoin has increased by 350%, significantly outperforming gold, which has risen by 130% [7] - The scarcity of Bitcoin, compared to gold, positions it favorably for continued success in the market [8]
If You'd Invested $1,000 in XRP 3 Years Ago, Here's How Much You'd Have Today
Yahoo Finance· 2025-12-06 17:40
Core Insights - The rise of Bitcoin has led to an influx of new cryptocurrencies, many of which lack tangible public use and are often pump-and-dump schemes for creators and insiders [1] - XRP has emerged as a notable non-Bitcoin cryptocurrency with real-world applications, currently priced at $2.20, reflecting a 465% increase over the past three years [2] Group 1: XRP's Functionality and Market Potential - XRP aims to facilitate faster and cheaper cross-border transactions by eliminating intermediaries, which can reduce transaction costs that may reach up to 7% [4] - Despite its potential, XRP's mainstream adoption remains limited, though optimism persists due to the anticipated growth in the cross-border payments market [5] Group 2: Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified ten stocks they believe are better investment opportunities than XRP, suggesting caution for potential investors [6][7] - Historical performance of stocks recommended by The Motley Fool indicates significant returns, with examples like Netflix and Nvidia showcasing the potential for high returns [7][8]
BTC price: Bitcoin is seeing a trend that hasn’t happened since 2014. Here’s why crypto markets are so unusual right now
Yahoo Finance· 2025-12-05 18:15
It is a relatively rare phenomenon: While the stock market continues to experience record gains (the S&P 500 is up over 16% this year), Bitcoin and other cryptocurrencies continue to struggle, making it the first time the crypto and stock markets have split since 2014, Bloomberg reported. Most Read from Fast Company That split, with Bitcoin down while stock markets soar, is somewhat unusual. On midday Friday, at the time of this writing, the digital cryptocurrency (BTC) was trading down over 4%, hoverin ...
Bitcoin Is Set for First Yearly Split From Stocks in Decade
Yahoo Finance· 2025-12-05 16:59
Core Insights - The S&P 500 has increased over 16% in 2025, while Bitcoin has decreased by 3%, marking a significant divergence from historical trends where both assets typically moved in tandem [1][3] - Bitcoin reached a record high above $126,000 earlier this year but has since experienced a downturn, dropping to $88,135, approximately 30% below its October peak [2] - The decoupling of Bitcoin from traditional risk assets is notable, especially as AI stocks and capital spending have surged, while Bitcoin has not benefited from this trend [4] Market Dynamics - Bitcoin's historical correlation with stocks has weakened, particularly during the pandemic when low-interest rates drove both markets upward [3] - The current sentiment around Bitcoin has deteriorated, with slowed inflows into Bitcoin ETFs and a lack of prominent endorsements, indicating a shift in investor interest [5] - The recent performance of Bitcoin is viewed as a correction after a period of significant outperformance compared to the S&P 500, suggesting that stocks are now catching up [6]
Will Dogecoin Reach $1 By the End of the Year?
Yahoo Finance· 2025-12-04 11:10
Group 1 - The S&P 500 and Nasdaq Composite have shown double-digit gains in 2025, while cryptocurrencies, including Dogecoin, have underperformed the stock market [1] - Dogecoin's price has dropped by 54% this year, currently trading at $0.15, marking its lowest price in a year [1] - There is speculation about Dogecoin potentially reaching a $1 price point as 2026 approaches, prompting an analysis of its mechanics and market position [2] Group 2 - Dogecoin was created by software engineers Billy Markus and Jackson Palmer as a satirical take on digital assets, featuring a Shiba Inu mascot [4] - The cryptocurrency primarily serves niche microtransactions and lacks the utility found in more established cryptocurrencies, limiting its broader adoption [5] - Dogecoin's supply increases by 5 billion coins annually, contrasting with Bitcoin's fixed supply, which complicates price appreciation and positions Dogecoin as a speculative asset rather than a store of value [6] Group 3 - Currently, Dogecoin trades at $0.15, approximately 80% below its all-time high of $0.70 reached in 2021 [7][8] - The decline in Dogecoin's value can be attributed to a lack of utility compared to mainstream cryptocurrencies and its price movements being driven more by narratives than by solid fundamentals [7]