Crypto history was made today, Oct. 6, as Bitcoin smashed a new all-time high of $125,600, continuing a trend that started in April when it bottomed at $74,570. Summary Bitcoin price soared to a new all-time high on Monday. Spot Bitcoin ETFs have had substantial inflows this year. There is optimism that the Fed will…
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Bitcoin price has hit a new all-time high above $124k, fueled by increasing odds of a Fed rate cut in September, boosted by July’s U.S. CPI reading. Summary Bitcoin hit an alltime high of $124,000 as odds of a Fed rate cut in September rose. Spot Bitcoin ETFs drew over $1 billion in net inflows…
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Bitcoin has officially entered price discovery mode, breaking its May high as bearish indicators failed to contain ETF-led flows, growing corporate balance sheet adoption, and macro tailwinds. Traders who bet against the breakout are now fueling the rally’s next leg. On July 9, Bitcoin btc2.42%Bitcoin surged over 2% to trade just above its prior all-time high of…
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Bitcoin’s trading session on May 26 was quiet as the Dow and all other U.S. indices closed to observe Memorial Day. Bitcoin (BTC) ended the U.S. trading session virtually where it began despite some intra-day swings. The leading cryptocurrency by market cap pushed above the $110,000 mark around midday, but the gains were erased by…
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Bitcoin price resumed its upward trend this week as it crossed the important resistance at $97,000 and reached its highest level since February. Bitcoin was trading around $96,500 at last check Saturday. That’s up 30% from the lowest in April. This article looks at some of the top three reasons it may surge to a new…
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Bitcoin price continued its consolidation as the fear and greed index remained at the neutral point and the Z score of the market value and realized value fell to a three-month low. Bitcoin btc0.05%Bitcoin, the largest cryptocurrency by volume, remains in a tight range. At last check Saturday, the price hovered $97,600 — up 1.2%. Why…
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MicroStrategy stock and Bitcoin price have historically had a close correlation as the company became the biggest BTC investor. MicroStrategy shares have dropped by 21% in the last 30 days, while Bitcoin btc1.22%Bitcoin is down by less than 2%. This marks a significant divergence, as MSTR stock has typically moved in tandem with Bitcoin. Bitcoin vs MicroStrategy…
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Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin btc-0.74%Bitcoin traded near the $91,000 level on Monday, Dec. 30, down by 15% from its highest level this year, and technicals suggest that it has more downside. This decline persisted despite MicroStrategy announced it had acquired 2,138 more Bitcoins last week, marking the…
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Bitcoin price rallied to a record high of $108,000 on Dec. 17, continuing a bull run that began in 2023. Bitcoin btc-2.91%Bitcoin has surged by nearly 150% this year, driven by rising demand and decreasing supply growth. The unwinding of high interest rates by the Federal Reserve and other central banks has also contributed to this upward…
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Bitcoin price is outperforming popular leveraged ETFs, which have become increasingly popular among investors. Leveraged Bitcoin ETFs inflow is rising Leveraged Bitcoin ETFs like the 2x Bitcoin Strategy ETF (BITX) and the ProShares Ultra Bitcoin ETF (BITU) are seeing inflows this year. Data by ETF.com shows that the BITX ETF has added assets in all months this year.…
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