Tag: btc

Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows

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Este artículo también está disponible en español. Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains.  Key data from Carl Runefelt reveals that Bitcoin ETFs experienced a historic surge, with $1.38 billion in net daily inflows. This record-breaking figure highlights institutional demand for Bitcoin, as major players like BlackRock are buying BTC in anticipation of long-term growth. Related Reading The influx…

BTC in Price Discovery Mode Following Record High

Traders are eyeing $100,000 as the next level of interest for bitcoin’s price, though there is likely to be a period of consolidation first, according to some analysts. BTC is riding the wave of President-elect Trump’s victory and the Fed’s expected 25 basis-point interest rate cut on Thursday. There are some concerns about a short-term pullback given Trump’s proposed tariffs on China and fiscal concerns like rising national debt. BTC is “defending its top,” Alex Kuptsikevich, senior market analyst at FxPro, told CoinDesk. “In general, we stick to the idea…

Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?

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Este artículo también está disponible en español. Analyst Tony Severino has revealed that the Bitcoin price currently has a ceiling of $137,000. This has raised questions about whether this is the highest point that the flagship crypto can reach in this market cycle, and the analyst also provided some answers.  Bitcoin Price Ceiling Is At $137,000 Tony Severino mentioned in an X post that the current ceiling for the Bitcoin price is $137,000, while its floor is around $39,000. He noted that investors could double their investments from Bitcoin’s current…

Federal Cuts Rates by 25 Basis Points, Bitcoin (BTC) Price Remains at Record Ahead of Powell’s First Speech Since Trump Win

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What will be more important for investors is what Fed Chair Jerome Powell will say about the central bank’s path forward after Donald Trump’s decisive win of the elections in the U.S. The new president-elect’s proposed policies such as tax cuts, tariffs and deregulation to stimulate economic growth could reignite inflationary pressures, prompting the Fed to take a more cautionary approach, potentially slowing, pausing or even reversing its rate cutting cycle. Original

Bitcoin (BTC) Registers Fourth-Best Day of 2024 as BlackRock’s IBIT ETF Posts Record Volume

To provide some historical context, ETF trade volume reached a $9.9 billion peak during the March bull run, according to data from checkonchain. Total trade volume on Nov. 6 reached approximately $76 billion, comprising futures volume of $62 billion, spot volume of $8 billion and ETF trade volume of $6 billion, so ETF trade volume is still a small percentage of the total. Source

Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now

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Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin. The “MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The market cap here is just the total valuation of BTC’s circulating supply at the current spot price. The other metric, the realized cap,…

Analysts Debate Bitcoin Next Move As BTC Hits $75K All-Time High

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Este artículo también está disponible en español. Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today. The dramatic price increase has prompted widespread discussion within the cryptocurrency community,…

Bitcoin ETFs log $621.9m inflows as BTC hits all-time high of $76K

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Spot Bitcoin exchange-traded funds in the U.S. recorded $621.9 million in net inflows on Nov. 6 as Bitcoin reached an all-time high of over $76,000. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net positive inflows on Monday, breaking a three-day outflow streak in which $712.9 million exited the funds. Fidelity’s spot Bitcoin ETF, FBTC, led the inflow surge with $308.77 million added to its holdings, breaking a four-day inflow streak. ARK 21Shares’s ARKB, Grayscale Bitcoin Mini Trust, and Bitwise BITB assisted with inflows of $127 million,…