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Bitcoin Surges Back Above $91K as Support Builds in $80K-$85K Area

Helping the mood in crypto were moves by institutional giants Vanguard and Bank of America to open up digital assets to their clients.

Bitcoin (BTC) price on Dec. 2 (CoinDesk)

Markets

Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Led by Executive Chairman Michael Saylor, the company also added to its bitcoin holdings last week, bringing its total stack to 650,000 BTC.

Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk)

Markets

Bitcoin Retakes $90K in Break From Typical Pre-Thanksgiving Price Action

Just when traders got used to price declines on the Wednesday ahead of Turkey Day, bitcoin pulled a reversal higher.

Bull statue

Markets

Crypto Market Mood Lifted as Amazon Pours $50B Into AI Infrastructure

The price of bitcoin jumped back above $87,000 and crypto miners with a focus on AI/high-performance computing are surging.

CoinDesk

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Markets

Bitcoin Bounces Above $84K as Fed's Williams Puts December Rate Cut Back on Table

Previously having essentially written off chances of further monetary ease in 2025, interest rate traders are now pricing more than a 70% chance of a rate cut at the Federal Reserve's December meeting.

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

Markets

Bitcoin's Nvidia-Led Gains Prove Short-Lived, With Price Slumping Back to $88K

U.S. stocks are also giving up a major early advance, with the Nasdaq now ahead just 0.3%.

Bitcoin (BTC) price on Nov. 20 (CoinDesk)

Markets

Bitcoin Slips Back Below $90K — Crypto Correction Now Ranks Among Worst Since 2017, K33 Says

After a rare spot of outperformance on Tuesday, bitcoin has resumed sliding, with one analyst eyeing $84,000–$86,000 as potential local bottom.

Bitcoin (BTC) price on Nov. 19 (CoinDesk)

Markets

Bitcoin Gains Tuesday as Traditional Markets Slump in Rare Occurrence of Crypto Outperformance

After plunging below $90,000 overnight, BTC has regained the $93,000 level in U.S. morning action.

(Midjourney/Modified by CoinDesk)

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Markets

Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

BTC has erased all year-to-date gains with the Monday decline, while crypto-related stocks like COIN, CRCL, MSTR, GLXY also plunged.

Bitcoin (BTC) price on November 17 (CoinDesk)

Markets

'No Truth to the Rumor': Michael Saylor Says Strategy Aggressively Accumulating Bitcoin

Amid the continued panicky action in crypto, online chatter suggested Strategy was unloading some of its bitcoin stack, a rumor Executive Chairman Michael Saylor shot down Friday morning.

Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk)