Legendary bitcoin and crypto investor Arthur Hayes has predicted when the bitcoin price and crypto market will

Key Takeaways Bitcoin surged above $100,000 early this week but has tumbled in recent days as investors reassess this year's interest rate outlook.The digital asset's price recently formed a bearish engulfing pattern to halt the recent rally.

Cryptocurrencies enjoyed a bright start to the year but that looks to be coming undone as the recent selloff continued Thursday.

Circle Chief Executive Officer Jeremy Allaire said Thursday on X that the stablecoin company contributed tokens worth $1 million to President-elect Donald Trump’s inaugural committee — joining a parade of other CEOs vying for favor as the incoming administration works to form a key crypto industry group.

Many of crypto’s top firms have eagerly lined up to fund parties and events surrounding President-elect Donald Trump's inauguration.