Bitcoin edges higher as investors digest Fed's inflation concerns

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2025-02-20 11:59:03
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2025-02-20 11:59:03
BlackRock’s Bitcoin ETF (IBIT) has taken over half the U.S. market, even as investors rush to sell. The asset manager now controls 50.4% of all U.S. Bitcoin ETF holdings, valued at over $56.8 billion, according to Dune data. That’s a staggering level of dominance, considering the ETF market collectively manages $112 billion. Discover the Best…
In the process of giving up on the chance of any Federal Reserve rate cuts in 2025, investors Thursday got a modest dovish surprise from Atlanta Fed President Raphael Bostic. “I view the employment outlook as stable, but signs of slowing are accumulating,” said Bostic in an essay. He noted that it’s become harder for…
12h05 ▪ 6 min read ▪ by Nicolas T. The giant Fidelity has published an optimistic report on the Lightning Network, a network that enables instant and nearly free bitcoin transactions. What is the Lightning Network? It is a secondary network anchored to the Bitcoin network that increases transaction throughput and payment privacy. The Lightning…
Bitcoin (BTC) has faced a series of bearish indicators in recent weeks, casting doubt on its near-term prospects. Recent market data has shown declining investor interest, particularly from U.S. investors, combined with weaker retail activity. As Bitcoin hovers around critical support levels, questions arise as to whether these troubling signs signal the start of a…
Montana’s House voted against a bill that could have made Bitcoin a state reserve asset on Feb. 22, with many lawmakers concerned it would have allowed the state’s investment board to speculate too heavily with taxpayer money. Many Republicans voted against House Bill No. 429 in a 41-59 vote. The bill proposed creating a special…
Leading coins remained weak on Sunday as the cryptocurrency market grappled with the massive $1.4 billion hack on cryptocurrency exchange Bybit. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin BTC/USD -0.24% $96,377.59 Ethereum ETH/USD +2.66% $2,832.54 Dogecoin DOGE/USD -1.13% $0.2435 What Happened: Bitcoin meandered in the $95,000-$96,000 zone after retracing sharply from the…