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Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by Treasury Secretary Scott Bessent to calm the bond market, revived momentum in the crypto sector.
Bill Miller IV, chief investment officer and chairman at Miller Value Partners, joins 'Closing Bell' to discuss the causes in Bitcoin's recent uptick and more.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department's plans to buy back longer-dated Treasurys.
Bitcoin surges to fresh highs above $75,000, fueled by renewed debasement trades and Treasury buyback announcements. I reiterate buy ratings on Bitcoin, IBIT, and BTC, citing strong momentum, macro tailwinds, and technical support at $73,000. Implied volatility for IBIT has spiked to 40% ahead of key macro events, signaling heightened risk and opportunity.
Market indicators suggest Bitcoin is in a late-stage bear. There still isn't "Confluence" within a broad set of timing indicators. While the CFTC and SEC are very supportive of crypto, I believe the Clarity Act is a necessary catalyst.
This weekly update tracks some of the largest cryptocurrencies by market share: Bitcoin and Ether. While both are considered high-risk assets, they possess foundational differences that investors should understand.
Bitcoin's rebound above $69,000, strong ETF inflows and a more supportive macro backdrop could offer fresh upside for Bitcoin ETFs.
Cryptocurrency and blockchain-related stocks surged in premarket trading on Thursday after U.S. President Donald Trump urged Congress to pass legislation establishing clear rules for the digital asset sector, following a White House meeting with industry executives.
SEC filings for FBTC aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.