Search results for VIX
Crypto
Bitcoin extends gains as risk aversion eases; $100,000 outlook resurfaces
Bitcoin extends its early-week rebound, raising the chance of testing resistance near $88,000 as risk aversion eases, according to an analysis cited by The Crypto Basic. Analyst Michaël van de Poppe (미카엘 반 더 포페) said the weekend pullback reflected risk-off flows rather than a weakening trend. U.S. spot bitcoin ETFs saw net inflows last week and on the first trading day this week, supporting the market. He maintained a view that bitcoin could reach $100,000 as soon as May, though external factors such as geopolitical stability could affect momentum.
Crypto
Iran ceasefire signals stock market bottom, could lift bitcoin and ethereum
Fundstrat co-founder Tom Lee said an Iran ceasefire suggests U.S. stocks have passed a bottom and the move could extend to cryptocurrencies such as bitcoin and ethereum. He said a sustained rise could follow if the S&P 500 clears its 200-day moving average of 6,617. Lee cited market resilience during the conflict, on-chain indicators near past cycle lows and supportive flows into bitcoin and ether ETFs.
Crypto
Wars around the world; gold and stocks fall, bitcoin and ethereum hold up
Bitcoin and ethereum posted higher returns than gold, silver and major stock indexes in March as tensions between the United States and Iran escalated, according to Binance Research cited by Cryptopolitan. Bitcoin rose about 1 percent and ether about 6 percent after the Middle East conflict began, while the S&P 500 and SOXX fell. The report cited 24-hour trading and institutional demand, and said total crypto market value rose to $2.39 trillion.