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Bitcoin Tops $100K for First Time in 3 Months; Are Upside Targets Too Low?

The price has jumped 33% in a few weeks after plunging to $75,000 in the days following President Trump's early April Liberation Day tariff announcement.

Bitcoin tops $100K

Markets

Fed Holds Rates Steady, Says Risks of Higher Unemployment, Higher Inflation Have Risen

All eyes will now turn to Fed Chair Jerome Powell's post-meeting press conference for further clues about the central bank's thinking on monetary policy.

U.S. Federal Reserve Chairman Jerome Powell (Chip Somodevilla/Getty Images)

Markets

U.S. Added Stronger Than Expected 177K Jobs in April

The price of bitcoin was modestly lower at $96,700 in the moments following the news.

The government releases jobs data for November on Friday (YinYang/Getty)

Markets

Bitcoin Tops $97K, Strategy Hits 2025 High Ahead of Earnings Amid Capital Raise Speculation

Both bitcoin and the Nasdaq are above their levels just prior to President Trump's early April tariff announcements.

A mesmerizing Bitcoin animation, right next to an art gallery. (Credit: Tom Carreras)

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Markets

Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

"We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension," said Powell of the effect of the Trump tariffs.

Photo of Federal Reserve Chair Jerome Powell

Markets

Fed 'Absolutely Prepared' to Step Into Markets: Boston Fed President Collins

Bitcoin and U.S. stocks added to earlier gains following Collins' comments in an interview with the FT.

Circle Internet Financial has asked the Federal Reserve to hold off on issuing a digital dollar. (Lance Nelson/Getty Images)

Policy

President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi

The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.

(Jesse Hamilton/CoinDesk)

Markets

U.S. CPI Declined in March; Core Rate Rose Just 0.1%.

Whether the fresh inflation numbers boost rate cut hopes or the price of bitcoin is another story as the data is from prior to last week's sweeping tariff announcements.

Two paper carrier bags of fresh fruit and baked products. (Maria Lin Kim/Unsplash)

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Policy

Atkins Confirmed by U.S. Senate to Take Over SEC Formerly Run by Gensler

Former SEC Commissioner Paul Atkins will be sworn in as the agency's next chair and will oversee future regulation for the crypto sector.

Paul Atkins has been confirmed by the Senate to take over the Securities and Exchange Commission as chairman. (Senate Banking Committee)

Markets

Bitcoin Pops and Drops as Markets Swing Wildly on Tariff News

The White House denied a report that it was mulling a 90-day delay on imposition of tariffs.

Price bounce (Getty Images)