BLK Jun 2024 790.000 put
- Investing.com
Bernstein raises Bitcoin price target forecast to $200K, says buy the dip
Analysts at research and brokerage firm Bernstein have raised their Bitcoin price forecast to $200,000, up from their previous target of $150,000. Bitcoin and crypto-related stocks remain underrated and are ripe for institutional inflection as pessimism from past regulatory hurdles fades, the analysts wrote in a note on Thursday. "We remain convinced in our Bitcoin new cycle thesis," the analysts wrote, adding that Bitcoin has been increasingly adopted by institutional investors and global asset managers.
- Investing.com
Bitcoin price today: trades near key levels around $65k
Investing.com-- Bitcoin price dropped slightly Wednesday, continuing the recent weakness amid concerns about the health of the global economy. At 05:30 ET (09:30 GMT), Bitcoin traded 0.5% lower at $65,217.0, posting losses of around 4% over the course of the last trading week, having fallen below $65,000 on Tuesday for the first time since May 16. The possibility of higher-for-longer U.S. borrowing costs has dampened enthusiasm for the cryptocurrency market, with bitcoin being the world’s biggest cryptocurrency.
- Bloomberg
Wall Street Bankers Beaten in ‘Smartest’ Chess Tournament
(Bloomberg) -- Forget M&A league tables. Wall Street banks took to the chessboard over the past few days to decide who is the brightest.Most Read from Bloomberg‘I Live in Hell’: Anti-Growth Fervor Grips US South After Pandemic BoomWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanNvidia Becomes World’s Most Valuable Company as AI Rally Steams AheadStocks Rise as Bullish Nvidia Call Boosts AI Trade: Markets WrapNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesTurns
