Search results for Bitwise Europe
Crypto
Bitcoin slips back to $64,000 ahead of FOMC amid Strategy selling worries
Bitcoin slid to around $64,000 ahead of the U.S. Federal Open Market Committee meeting, with traders watching the Fed’s rate decision and concerns that Strategy could sell more bitcoin. The CME Group’s FedWatch tool suggested the market had not priced in a rate cut at this meeting. QCP Capital said factors beyond the Fed were weighing on prices after Strategy sold 32 bitcoins in May, while uncertainty over monetary policy remained high.
Crypto
Japan raises interest rates to 1 percent; will bitcoin\'s $60,000 level wobble again?
Concern is growing that bitcoin could slide back toward the $60,000 level after the Bank of Japan raised interest rates. The central bank lifted its short-term policy rate by 25 basis points to 1.0 percent, the highest since 1995. Bitcoin fell about 2.5 percent from an intraday peak. Past BOJ hikes were followed by average 30-day declines, and analysts also cite the potential for larger drawdowns and broader effects from higher yen funding costs.
Crypto
Bitcoin could rebound on claims of excessive undervaluation; diverges from M2 money supply fair value
Bitcoin is trading well below an estimated fair value based on global M2 money supply and its ratio to gold, according to an analysis cited by Cointelegraph. Trader and YouTuber RobinHD said bitcoin has been mispriced on a global liquidity basis in 2026 and is in an unusually undervalued zone. Others challenged the M2 link, citing data limitations and distortions, and pointed to past cycles that did not align with M2 peaks.
