Asia Market Open: Bitcoin Stalls At $88k As Asian Stocks Ride Wall Street Momentum
Bitcoin remains steady near $88,000 as Asian stocks rise on Wall Street momentum, while gold and silver hit record highs. Explore the latest market trends.
Bitcoin remains steady near $88,000 as Asian stocks rise on Wall Street momentum, while gold and silver hit record highs. Explore the latest market trends.
Bitcoin falters as gold hits a record high of $4,475, while AI stocks like Alphabet’s acquisition of Intersect command capital, posing a potential threat to the cryptocurrency’s store-of-value status.
Explore the latest trends and analysis in Bitcoin, including the impact of gold and silver’s record prices and the potential for Bitcoin to reach $90,000.
Michael Saylor, founder of MicroStrategy, predicts Bitcoin will reach $1 million per coin within a ten-year window, outperforming gold by 10 times. He suggests that large corporations like Microsoft could benefit by adopting a Bitcoin strategy.
Billionaire investor Ray Dalio shares concerns on Bitcoin, citing its limited supply and lack of widespread adoption as major issues. He believes Bitcoin is inferior to gold and unappealing to central banks.
Bitcoin’s underperformance compared to gold’s record high sparks fears of a prolonged downturn in speculative assets, as investors turn to traditional safe-haven assets amidst economic uncertainty.
Peter Schiff’s anti-Bitcoin poll fails to garner significant support, but he remains unmoved as Bitcoin underperforms gold in 2023.
Bitcoin holds steady at $88k as Asian stocks rise and gold hits new highs amid improved risk sentiment and year-end positioning.
BlackRock’s iShares Blockchain and Tech ETF (IBIT) witnesses significant inflows in 2025, defying the Bitcoin slump and surpassing gold in ETF flows.
Bitcoin maximalist and analyst Matthew Kratter argues that Bitcoin’s fundamental properties make it a better long-term bet than gold, citing its scarcity, security, and growing adoption.