Beware of getting stuck; Bitcoin price review shows a decline with $118.8K on the radar.
Key Points Bitcoin Surf is actively managing liquidity in its order book, nearing a significant milestone around $120,000. Bid support indicates revenues might dip below $119,000 during the anticipated market retest. Some traders are cautioning others about possible “pump and dump” schemes that could ensnare less vigilant buyers at inflated prices. As the trading day […]
BlackRock’s Bitcoin ETF Surpasses $80 Billion Faster Than Any Other ETF Ever, According to Bloomberg Analyst
BlackRock’s Bitcoin ETF Breaks Records According to Bloomberg’s Eric Balchunas, BlackRock’s Bitcoin Exchange Sales Fund has achieved a milestone faster than any other ETF in history. In a recent post on social media platform X, Balchunas noted that the Ishares Bitcoin Trust ETF (IBIT) reached a valuation of $83 billion, making it the 21st largest […]
Bitcoin surpasses $120,000 for the first time as BlackRock ETF investors join in.
Bitcoin has hit a remarkable milestone, soaring beyond $120,000 for the first time, reaching nearly $123,000 early on Monday morning. This significant surge, which represents a 3% increase in just one day and over 12% for the week, marks a new all-time high. This recent leap in Bitcoin’s value follows a period where it lingered […]
Bitcoin reaches a new record high as US lawmakers prioritize supportive crypto laws
Bitcoin Hits New Heights Amid Legislative Momentum Bitcoin has had an impressive week, achieving a new high on Monday. Recently, the cryptocurrency surged past $123,000, a notable increase from around $108,000 just a week prior. As of now, Bitcoin stands as the fifth most valuable asset globally, boasting a market capitalization of $2.4 trillion, which […]
Bitcoin rises to an all-time high over $120K just before ‘Crypto Week’
Bitcoin Achieves Record High Amid Institutional Interest Bitcoin has reached an unprecedented high, surpassing $120,000 on Monday, driven by enthusiasm from institutional investors and businesses backing cryptocurrency ETFs. At 9:35 AM, the cryptocurrency peaked at $121,673.10, having briefly crossed $122,000 earlier that day. This rise occurs right before what is dubbed “crypto week,” with the […]
Bitcoin is rising due to worries about the US deficit, not excitement: Analyst
Bitcoin as a Defense Against Financial Crisis Bitcoin is increasingly viewed as a significant safeguard against the impending financial crisis in the U.S., similar to gold. Analysts suggest it may be a key factor behind the ongoing price rally. Recently, Bitcoin (BTC) crossed the $121,000 mark, but it’s important to note that “this rally isn’t […]
Asia-Pacific markets show varied performances as investors evaluate Trump’s recent tariff threats; bitcoin reaches new heights.
Asia-Pacific markets are mixed The Asia-Pacific market wrapped up a mixed day on Monday. Hong Kong’s Hang Seng index rose by 0.26% to finish at 24,203.32, while the CSI 300 index in mainland China remained unchanged at 4,017.67. In Japan, the Nikkei 225 dropped 0.28%, closing at 39,459.62, but the broader Topix index held steady […]
El Salvador’s Bitcoin Reserve Surpasses $760M as BTC Exceeds $122K
Simply put The rise in Bitcoin has exceeded $122,000, boosting El Salvador’s holdings to over $760 million, which is nearly three times its initial investment of about $42,000. Currently possessing over 6,200 BTC, the nation holds one of the most valuable sovereign crypto portfolios globally. Despite pressure from the IMF and scrutiny from the U.S., […]
Bitcoin Reaches New Peak, Yet Altcoins Are Gaining Attention
Bitcoin has hit new price heights recently, and the market’s ripple effect is being felt across various altcoins. On July 11th, Bitcoin soared to an unprecedented peak of $118,731. Still, it seems that Bitcoin’s dominance is experiencing a slight decline. Matthew Hyland, a notable figure in the crypto space, suggested that altcoins may even hold […]
Michael Saylor indicates he will purchase Bitcoin following a week off.
MicroStrategy Plans to Resume Bitcoin Purchases Michael Saylor, a co-founder of MicroStrategy, indicated that the company will restart its Bitcoin (BTC) buying strategy after a brief pause. They took a week off from accumulating digital assets. “You’re not just holding on for a few weeks,” he commented in a post. Although they didn’t make any […]