Major cryptocurrencies were up ahead of Monday's US equities open as analysts raised their price target on MicroStrategy (MSTR) stock based on the value of the company's growing bitcoin holdings.
Last week was moderate for the broader market indexes but was a winning one for bitcoin, artificial intelligence (AI) and gold.
Shares in MicroStrategy, the largest corporate holder of bitcoin, initially jumped and then fell Monday after the software company said it had bought $5.4 billion of the cryptocurrency.
The new venture firm is raising money as crypto markets roar back.
Bitcoin has added nearly $1 trillion in value this year.
Bitcoin ETF BITS hit a new 52-week high lately. Can it soar higher?
(Bloomberg) -- A stock-market rally boosted by President-elect Donald Trump’s victory is set to put upward pressure on the Federal Reserve’s preferred inflation gauge, which in turn could keep interest rates elevated.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion Pl
Bitcoin is edging closer to the symbolic $100,000 mark, with market forecasts suggesting it could surpass that milestone in 2024.
Bitcoin exchange-traded funds (ETFs) saw significant inflows during the week of Nov. 18-22, as investors moved $2.42 billion into spot Bitcoin ETFs.
Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk’s X platform.
