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What Happens if Bitcoin Reaches an All-Time High? – CoinDesk

I don’t need to say anything about Bitcoin (Bitcoin) Tears came out. The first and largest cryptocurrency by market capitalization rose more than 6% in the past 24 hours alone after crossing the psychologically important $65,000 threshold, according to data from CoinDesk Indices. It is now within striking distance of the all-time high of around […]

Bitcoin tops $67K, continuing climb toward new record

Grayscale Investments CEO Michael Sonnenshein talks about Bitcoin’s performance and future innovation in the crypto space. Bitcoin on Monday surpassed the $67,000 level last reached in November 2021 and continued its rally towards an all-time high. The upward momentum comes as the cryptocurrency has become more accessible to investors after the Securities and Exchange Commission […]

Bitcoin bursts above $65,000, nears record high during crypto surge

Bitcoin soared to a two-year high on Monday, surpassing $65,000 as a wave of funds nears record levels. Prices hit an early trading high of $65,537 in Europe, and have already hit a two-year high in Asian trading. The previous price was $65,045, up 4%. Bitcoin hit an all-time high of $68,999.99 in November 2021. […]

Bitcoin Scales Higher on ETF-Led Demand Despite Outflows at GBTC – Yahoo Finance

(Bloomberg) — There appears to be little in the way of Bitcoin’s current rally. The largest cryptocurrency rose for a second straight day, nearing record highs on hopes of strong demand for exchange-traded funds (ETFs) earlier in the week. Most Read Articles on Bloomberg The most liquid token rose to $64,279, the first time it […]

Shiba Inu Rings Greed Alarm As Bitcoin Eyes Record High – CoinDesk

Excess speculation is increasing in the virtual currency market, suggesting caution against Bitcoin. (Bitcoin) As the top cryptocurrency by market capitalization, bulls are looking to challenge record highs. Notional open interest or dollar value pegged to active perpetual futures contracts associated with the meme cryptocurrency “Shiba Inu” (SHIB) According to CoinGlass, it exceeded $100 million […]

Dollar eases as Fed clues awaited; bitcoin hits 2-year high – Yahoo Finance

Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar weakened on Monday, buoyed by lower U.S. Treasury yields, as traders awaited more important economic data for fresh clues on when the Federal Reserve will cut interest rates. It fell under pressure. Bitcoin has soared to its highest level in more than two years on […]

Bearish alert: What awaits Bitcoin below $61,000 support – Finbold – Finance in Bold

After experiencing a consistent rise over the past few days, Bitcoin (BTC) value appears to be consolidating above $60,000, with this level also acting as support. However, uncertainty remains regarding Bitcoin’s next direction, as it failed to maintain its value above $64,000 after briefly touching it. Looking to the future, crypto analysts Ali Martinez presented […]

BlackRock and Fidelity Capitalize on FOMO From Bitcoin ETF Mania – Yahoo Finance

(Bloomberg) — Bitcoin’s breakneck rally has generated record inflows into spot Bitcoin ETFs, solidifying the new asset class’s popularity with investors. Most Read Articles on Bloomberg BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ WiseOrigin Bitcoin Fund (FBTC) to become the “Newborn Nine” received 79% of the total inflow amount. Directly in Bitcoin — since […]