Bitcoin ETFs see record high trading volumes as retail investors jump on crypto rally – CNBC

Retail traders appear to be using a new tool in this massive rally in Bitcoin: exchange-traded funds. These funds, launched last month, have seen a surge in trading volume this week as Bitcoin continues to rally. For example, iShares Bitcoin Trust (IBIT) had already seen more than 61 million shares change hands by early Wednesday […]
Bitcoin tops $60K, racing toward all-time high

Anthony Pompliano of Pump Investments said on “Craman Countdown” that Bitcoin is currently a “popular” asset with Wall Street investors. Like U.S. stocks, Bitcoin is having a great start to the new year, approaching new records as experienced investors return with a new crowd. The largest cryptocurrency by market capitalization surpassed $60,000, returning to its […]
Bitcoin breaks $60K for first time since November 2021

On Wednesday, the price of one Bitcoin exceeded $60,000 for the first time since November 2021, pushing the world’s largest cryptocurrency to a current record of nearly $67,000. The boom began in 2023 when Bitcoin fell below $20,000 and is a big turnaround from a year ago, when economists predicted a deepening recession. Bitcoin rose […]
Bitcoin Rides Bullish Sentiment to $59K as Ethereum Hits $3,300 – Decrypt

Bitcoin soared above $59,000 early Wednesday morning, while Ethereum touched the $3,300 level amid bullish sentiment among crypto traders. Currently, BTC and ETH together account for $1.5 trillion, or 67% of the world’s digital assets. In the past day, the global market capitalization increased by 3% to $ 2.3 trillion. Bitcoin price is currently $59,266.94, […]
Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving – CoinDesk

Excitement, institutional buying demand, and historic gains related to Bitcoin (Bitcoin) Some traders say the halving event is putting the asset on track to surpass March’s lifetime high of $69,000. Bitcoin halvings have always been associated with bull markets, with asset prices increasing by hundreds of percent in the months following previous events. Halvings occur […]
'The Nine' spot Bitcoin ETFs see $2B volume for 2nd straight day – Cointelegraph

Nine of the recently launched spot Bitcoin exchange-traded funds (ETFs) posted total trading volume of more than $2 billion for the second day in a row as demand and interest remain heated. In a Feb. 27 X post, Bloomberg ETF analyst Eric Balciunas described the day as “another wild volume day for Nine,” citing Grayscale’s […]
Bitcoin hits $57K, highest since 2021

Anthony Pompliano of Pump Investments said on “Craman Countdown” that Bitcoin is currently a “popular” asset with Wall Street investors. Like U.S. stocks, Bitcoin has had a great start to the new year, hitting a two-year high as experienced investors return with a new crowd. The largest cryptocurrency by market value has surpassed $57,000, the […]
New bitcoin ETFs surpass 300000 BTC holdings in under two months – The Block

After less than two months of trading, nine newly created Spot Bitcoin exchange-traded funds now hold more than $300,000. BTC +11.33% Assets under management exclude Grayscale’s convertible GBTC fund. According to K33 Research, the nine new ETFs include Accumulated 303,002 BTC ($17 billion) as of yesterday’s close. These ETFs launching on January 11th include BlackRock […]
Bitcoin Holds at $56K as Liquidated Short Tally Reaches $280 Million – Decrypt

After surging above $56,000 on Monday night, Bitcoin still had plenty of momentum on Tuesday morning. BTC was trading at $56,607.57 early Tuesday morning. Bitcoin prices are up 11% in the past day and 33% since last month, according to data from CoinGeco. And in just one day, $278 million worth of short Bitcoin positions […]
Bitcoin short sellers are out $161M as Bitcoin surprises with 11% rally – Cointelegraph

Bitcoin short sellers are facing millions of dollars in losses after Bitcoin (BTC) soared nearly 11%, briefly hitting a year-to-date high of $57,000. according to data Crypto data platform CoinGlass has liquidated over $161 million in BTC shorts in the past 24 hours. Traders looking to gain short-term exposure to Ether (ETH) fared less well, […]