The director of global macro at the asset management giant remains a secular bull on bitcoin, but isn't optimistic about the next year.
Bitcoin bulls are putting up a fight on Friday to break this week's choppy action that has capped all advances at around $90,000.
BTC rose to $88,000 after the Bank of Japan raised interest rates. The increase, seen as a potential risk-off trigger, failed to spark a flight into the yen.
JPMorgan analysts in October said investors betting on currency devaluation would lift precious metals and bitcoin, but only one of those trades has worked.
Bitcoin rose since midnight UTC, while remaining locked in the $86,000-$90,000 range. Against gold, however, it's still falling.
Bitcoin slipped overnight, dragging the broader crypto market lower as traders remained cautious with few external cues to provide direction.
Crypto markets remain "fragile," said Samer Hasn from XS.com. Traders are either stepping aside or being forced out.
Bitcoin and ether extended losses alongside weak equities, while oversold signals offered a tentative glimmer of hope for battered altcoins.
Crypto-related stocks suffered far deeper declines as bitcoin slumped well below its recent trading range.
Low-liquidity in December may cap bitcoin's recovery rally, but rangebound trading for the largest crypto could benefit smaller digital assets, Wincent's Paul Howard said.
The spread between BTC and S&P 500 implied volatility indices is widening again.
Large holders return to buying after months of distribution, signalling renewed confidence at key support levels.
Bitcoin and ether surged following Wednesday's tech-led equities rebound, while derivatives flows signal growing optimism for a year-end push.
Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.
Despite its bearish reputation, every death cross in the current cycle has marked a major local bottom.
If it seems like bitcoin prices react particularly negatively to falling stocks, but don't do a whole lot when stocks fly higher, you're not imagining it.
Despite calmer prices after October’s brutal leverage wipeout, bitcoin and ether market depth remains structurally thin, creating a more fragile trading environment.
A fresh wave of pessimism is sweeping across crypto markets, but the mood shift may be doing more good than harm.
Bitcoin's Coinbase Premium, a popular gauge for U.S. demand, is having its longest negative streak since the April correction, coinciding with the Fed turning more hawkish.
Bitcoin held around $105,000 and ether near $3,550 as traders weighed whether the recent recovery has the strength to break higher or risks forming a lower high.
A move from cash or crypto to going fully private takes minutes on average in a less than five-step process, as CoinDesk Research said in its recent Zcash report.
Bitcoin steadies above $100,000 after a dip, while altcoins struggle and derivatives data show rising caution across the market.
Charts indicate growing risk of a deeper decline to $100,000 or below, with consistent bias for put options in the options market.
While the move helps avoid potential liquidity crises that could damage financial markets, it falls short of being as stimulative to risk assets as the Fed's other moves, such as QE.
Token prices were hit after a sell-off in U.S. equities as Meta and Microsoft raised their AI investment projections, prompting overspending concerns.
Bitcoin slid to its $110,000 support as the broader crypto market shed $80 billion following the Federal Reserve’s interest-rate cut and a new U.S.-China trade agreement.
BTC is down but not out following Powell's hakwish commentary on rates.
The crypto market paused midweek as traders looked to the Federal Reserve’s interest-rate call and progress on a potential U.S.-China trade agreement.
After weeks of turbulence, the crypto market found support Thursday, with Bitcoin and Ether posting modest gains and HyperLiquid’s token HYPE soaring.
A key volume indicator points to underlying market weakness, signaling a potential bitcoin sell-off below $100,000