Franklin Bitcoin ETF

EZBC

Market cap $531M

An always-on crypto-hype machine lives to goose prices and then blame “macro” when the selloff hits.

Cryptocurrencies looked to mount another rebound ahead of the Federal Reserve's final rate decision of the year.

Although Bitcoin has pulled back from its highs in October, many investors remain quite bullish. The token is increasingly being viewed as a form of digital gold.

The European Central Bank needs to keep its policy options open at upcoming rate-setting meetings as downside inflation risks are as significant as upside ones, ECB policymaker Francois Villeroy de Galhau said on Friday.

Vanguard just decided to allow its investors to buy crypto ETFs. That means they can buy Bitcoin ETFs and get exposure to Bitcoin directly for the first time.

Bitcoin's "digital gold" argument is being tested as it and other cryptocurrencies continue to trade like risk assets during stock market selloffs. Nate Geraci, NovaDius Wealth Management president, said on CNBC's "ETF Edge" that he believes over the long-term bitcoin will prove its worth as a store of value and non-correlated portfolio holding, but "the jury is still out.

Bitcoin ( CRYPTO: BTC ) price predictions remain contentious, but the run-up to 2026 has inspired wild forecasts.

The price of bitcoin has fallen around 36% from its all-time high recently but data shows this is a regular occurrence in the history of the cryptocurrency. In the 2021 and 2017 bitcoin cycles, there were a number of instances of drops this size or bigger.

Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. Is Bitcoin (BTC=F) actually doomed?

Bitcoin was trading higher early Thursday as the world's largest cryptocurrency battled back into positive territory for the year, continuing its recent recovery.