Bitcoin briefly tops $70K as crypto mania sparks another record high
Bitcoin briefly rose to an all-time high in volatile trading on Friday as crypto mania continued to spread through the investment community. The leading cryptocurrency breached the $70,000 level for the first time, boosted by investor demand for spot-traded crypto products in the U.S. and expectations for lower global interest rates. After rising to $70,105, […]
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 […]
Nvidia races to $2T mark as AI mania sparks Wall Street tech rally
Nvidia soared to a market cap of $2 trillion on Thursday after a surge in demand for AI chips once again exceeded Wall Street’s sky-high expectations and reignited a global rally in tech stocks. The company’s stock price rose 15%, or more than $100, to a record high of $780.85, making it the third most […]