Profit-Taking Looms as Bitcoin Hits New All-Time High – Is It Time to Act?

Profit-taking looms as Bitcoin hits new all-time high – Is it time to act?

Although Bitcoin displayed similarities to December 2024, holder profitability metrics suggested the current rally could extend higher...

Week 21 Wrap: RBA makes second cut; Bitcoin hits new high as US bonds in focus

Let’s start with the foremost obvious inclusion: the Reserve Bank of Australia (RBA) has cut interest rates for the second time. Australia’s cash rate now sits at 3.85%, now below 4% for the first time in a while. It was hardly a shock move. The market was expecting nearly a 100% chance of a cut until jobs figures in Australia came out days before the decision, rattling some nerves, somewhat. But had that not been the case, I wrote earlier this …

BITCOIN EXCEEDS $110,000 THRESHOLD FOR 1ST TIME AMID REGULATORY OPTIMISM

Fri 23 May 2025: The price of Bitcoin on Thursday surpassed the $110,000 threshold for the first time in history after the recent advancement of a key stablecoin bill in the US Senate. The value of the global cryptocurrency market, including Bitcoin, reached $2.2 trillion Thursday, according to data from Coinmarketcap. The price of Bitcoin, […]

Bitcoin Hits New All-Time High, Analyst Says Market Still Not Overheated

Bitcoin surged past $111,800 on May 22, gaining over 4% in a single day. Analyst says the market looks stable with low funding rates and limited short term investor activity Price forecasts vary with Titan of Crypto expecting 135000 to 140000 and van Lagen seeing up to 320000. Bitcoin surged past $111,800 on May 22, setting its second all-time high in just 24 hours after previously hitting $109,800 on May 21. This sharp rise pushed the world’s l…

Simon Peters, Cryptocurrency Analyst at eToro Abu Dhabi, May 22, 2025 – Bitcoin has reached its all-time high, a historic achievement for the world's largest digital asset. However, a number of analysts and experts believe this peak may be just the beginning of a larger upward trend, driven by several global economic and financial factors. Simon Peters, Market Analyst at eToro, said: “Expectations indicate that global liquidity—the measure of th…