Crypto Currency

Bitcoin hits $80K amid US-Iran tensions, $68K by May 9 likely

## Market Snapshot The “Bitcoin Price Predictions for May 9” market shows a 99.7% YES for Bitcoin being above $68,000 on that date. In the “Bitcoin Price Predictions for May 4-10” market, the likelihood of Bitcoin reaching $92,000 is priced at 1.1% YES. ## Key Takeaways – The rise in Bitcoin’s price to $80,000 amid

## Market Snapshot

The “Bitcoin Price Predictions for May 9” market shows a 99.7% YES for Bitcoin being above $68,000 on that date. In the “Bitcoin Price Predictions for May 4-10” market, the likelihood of Bitcoin reaching $92,000 is priced at 1.1% YES.

## Key Takeaways

– The rise in Bitcoin’s price to $80,000 amid geopolitical tensions appears to support a YES outcome for Bitcoin staying above $68,000 by May 9. – Markets suggest the probability of Bitcoin reaching $92,000 by May 10 remains low, with a current YES pricing at 1.1%. – Ongoing US-Iran tensions contribute to Bitcoin’s role as a hedge, consistent with the current market outlook.

Advertisement

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

RBI Urges India to Restrict Crypto Banking Access in New Digital Asset Policy

The Reserve Bank of India has reportedly urged lawmakers to keep cryptocurrencies and privately issued stablecoins out of the banking system while reviewing the country’s crypto policy. The move revives the RBI’s cautious stance despite India remaining one of the world’s largest cryptocurrency adoption markets…

The Reserve Bank of India has reportedly urged lawmakers to keep cryptocurrencies and privately issued stablecoins out of the banking system while reviewing the country’s crypto policy. The move revives the RBI’s cautious stance despite India remaining one of the world’s largest cryptocurrency adoption markets…
Read More

Continue Reading
Crypto Currency

Belgian police arrest suspected phishing gang leader tied to $572K theft

Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency…

Belgian authorities say a European phishing gang stole over $572,000 from victims before laundering the proceeds through cryptocurrency…
Read More

Continue Reading
Crypto Currency

Conflicts of interest? Trump only has one interest: himself | Robert Reich

The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other

The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other parts of his vast holdings…
Read More

Continue Reading
Crypto Currency

Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos

Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity…

Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity…
Read More

Continue Reading