The previous all-time high for Bitcoin was around $109,350, set back in January as President Donald Trump assumed office.
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
Bitcoin could keep rising at gold’s expense in the second half of the year, boosted by corporate buying and growing support from U.S. states, according to JPMorgan analysts.
Bitcoin is up nearly 4% on the day and 27.4% over the past 30 days. This is the first time BTC has seen $100,000 since February.
One analyst said bitcoin could retest its all-time high if it holds above the $100,000 line in upcoming sessions.
Bitcoin’s 30-day Pearson correlation to gold has sharply rebounded from -0.67 in February to 0.54 in late April.
Historic BTC outflows from centralized exchanges and whale accumulation seemingly dampened Friday's $7.2 billion bitcoin options expiry.
President Trump renewed attacks on Fed Chair Jerome Powell, calling for urgent rate cuts amid claims of declining inflation.
However, crypto prices may find a floor in mid-to-late Q2 — setting up a better Q3 — Head of Research David Duong said.
The project disclosed that the plunge was caused by 'reckless forced closures' initiated by centralized exchanges on OM account holders.
Crypto markets may be on course for recovery in Q2 2025 after Trump's global tariffs shackled volumes in the first quarter, Kaiko reported.
Markets rebounded sharply after Trump paused global tariffs for 90 days and lowered most reciprocal duties to 10%, sparking a 7% jump in bitcoin.
Bitcoin and equities surged as President Trump increased tariffs on China and paused duties on other countries for 90 days.
"By the end of 2028 we see XRP's market cap overtaking Ethereum's," said Standard Chartered's Geoffrey Kendrick in an email to The Block.
Former Binance CEO Changpeng 'CZ' Zhao also joins Pakistan Crypto Council as advisor, and the stablecoin startup Cap raised $8 million in seed funding.
Standard Chartered says bitcoin could benefit from rising tariff risks as signs of "U.S. isolationism" begin to shape market sentiment.
The team behind the $REAL token aimed to raise $3.6 million during the presale period, but raised only $392,000 after 28 hours.
The dip comes as international markets begin to reopen following a weekend where President Trump gave no signal he's backing down on tariffs.
Markets plunged after President Trump announced global tariffs, triggering the worst stock performances since 2020 and a sharp crypto pullback.
Standard Chartered now calls bitcoin a 'US isolation' hedge as it has held up better than most tech stocks in the recent market selloff.
Analysts said a bitcoin buying opportunity has emerged after some clarity from President's Trump's tariff policies.
Experts warn rising hardware costs could squeeze U.S. miners, while others speculate the government may use new tariff revenues to acquire Bitcoin.
Standard Chartered’s hypothetical ‘Mag 7B’ index, with bitcoin replacing Tesla, delivered higher returns than the original lineup.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Net inflows were recorded every day last week — signaling a "decisive shift in sentiment," Head of Research James Butterfill said.
Onchain sleuth ZachXBT claimed that the leverage trader is a "cybercriminal gambling with stolen funds."
The GMCI Meme index's largest holdings — including Dogecoin and Trump — have faced substantial selling pressure as speculative traders exit.
"We estimate that Base (the dominant layer 2) has removed $50 billion of market cap from Ethereum alone," said Geoffrey Kendrick.
Wednesday's cooler-than-expected U.S. CPI inflation reading has strengthened the case for potential Federal Reserve rate cuts.
Bitcoin and U.S. stocks rallied Wednesday after February's CPI inflation rate came in at 2.8%, below economists' expectations.