Bitcoin is soaring past $65,000 and breaking barriers. Find out more about the cryptocurrency's latest rally!
Bitcoin, the pioneer cryptocurrency, has been making waves in the financial world as it inches closer to its 2021 all-time high. With a current trading price of over $66,000, Bitcoin has seen a remarkable 50% increase in value this year. The recent surge, fueled by inflows into U.S.-listed bitcoin funds, has brought the largest cryptocurrency by market value to the forefront of investment discussions. Investors are closely watching the market as Bitcoin stands just 5% away from its previous peak.
The enthusiasm surrounding Bitcoin continues to grow as the cryptocurrency surpasses $65,000 driven by ETF-led demand. Hopes for the introduction of bitcoin exchange-traded funds have ignited a fresh wave of interest among potential investors. This momentum, coupled with the upcoming halving event, has propelled Bitcoin to a two-year high, exceeding the RM300,000 mark. The anticipation of ETF inflows and market dynamics have set the stage for Bitcoin's impressive rally.
Speculation runs wild as a mystery whale's significant investment in Bitcoin sparks rumors about potential buyers like the country of Qatar or billionaire Amazon founder Jeff Bezos. The cryptocurrency market remains abuzz with excitement as Bitcoin edges closer to hitting an all-time high, attracting attention from both seasoned investors and newcomers. The record-breaking momentum of Bitcoin showcases its resilience and enduring appeal in the ever-evolving financial landscape.
In a surprising turn of events, Bitcoin's price crash to $45,000 following a rally to $65,590 raised eyebrows in the crypto community. The influx of $7.35 billion into Bitcoin ETFs in 2024 underscores the unpredictable nature of the cryptocurrency market. As Bitcoin continues its upward trajectory, the world eagerly watches to see if it will reach unprecedented heights, setting the stage for a thrilling ride in the digital currency realm.
The flagship cryptocurrency was last higher by nearly 6% at $66,515.50, according to Coin Metrics. Earlier, it rose to as much as $66,617.06, its highest level ...
The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where inflows into U.S.-listed bitcoin funds ...
The largest cryptocurrency is now just 5% away from its 2021 high in U.S. dollar terms, having already reached records in other currencies.
(Bloomberg) -- Few obstacles seem to be in the way of Bitcoin's current rally. The largest cryptocurrency rose for the second straight day and marched ...
The latest rally is being fueled by hopes that the launch of bitcoin exchange-traded funds, or ETFs, will expand the pool of bitcoin buyers. These ETFs were ...
Bitcoin climbed to a two-year high above $65000 in early Monday trading amid spot Bitcoin ETF inflows and a focus on the upcoming halving event.
Bitcoin broke past the RM300,000 threshold recently, marking another milestone for the cryptocurrency. The coin rallied fast earlier on Sunday, when its.
Speculation about the identity of a mystery bitcoin buyer is swirling amid wild predictions the country of Qatar or billionaire Amazon founder Jeff Bezos ...
PREVIOUS WEEK'S EVENTS (Week 26.02-01.03.2024) Announcements: Crypto Bitcoin jumped surprisingly since the 26th Feb, reaching currently near 65000 USD.
Bitcoin is within striking distance of its highest price ever, after the world's largest cryptocurrency broke $65,000 for the first time since 2021 on Monday, ...
Few obstacles seem to be in the way of bitcoin's current rally. The largest cryptocurrency rose for the second straight day, and marched closer to its ...
Coinbase clocked bitcoin's new record euro price at 60,549.61 euros early Monday. CoinMarketCap's figure was not far off at 60,417.87 euros. Kraken and data ...
Bitcoin price rally to $65590 has seen few obstacles as inflows to Bitcoin ETFs hit $7.35 billion in 2024.
The largest cryptocurrency is now just 5% away from its 2021 high in U.S. dollar terms, having already reached records in other currencies.
Bitcoin surged to a peak of $66319 during the session, marking a 6.4% increase to $66254. At its current market value, Bitcoin sits approximately 4% below ...
The cryptocurrency hit an all-time high against the euro on Monday and is nearing a record in U.S. dollar terms.
What's different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.
A spot bitcoin ETF allows investors to gain direct exposure to bitcoin without holding it. Unlike regular bitcoin ETFs, in which bitcoin futures contracts are ...
Bitcoin was perched at a two-year peak on Tuesday, breaking above $68600 and stalking the all-time high as money keeps rushing into the largest ...
Bitcoin surged to its all-time high on Monday, shaking off a more than two-year rut that put the future of the entire crypto ecosystem in question.
Spot bitcoin exchange-traded funds were approved in the United States earlier this year. Their launch opened the way for new large investors and has re-ignited ...
A look at the day ahead in European and global markets from Kevin Buckland.
A lot of the attention in financial markets has been away from FX and stocks, with store of value assets old and new taking center stage.
It is rapidly approaching silver's nearly $1.4 trillion market capitalization. Ether topped $3,600 for the first time since January 2022 amid strong ...
So far this year, the digital token has jumped 57.77 per cent to reach a market capitalisation of $1.31 trillion, as inflows into spot Bitcoin ETFs accelerated.
Deribit DVOL index, a measure of expected price volatility of bitcoins over the next 30 days, has surged to 76%. In 2023 alone, bitcoin jumped by a whopping ...
The price of the cryptocurrency topped $69,210 on Tuesday morning before retreating, according to Coin Metrics. It was last trading little changed at $67,481.
Other cryptocurrencies such as ethereum also increase price amid general rally in the crypto market.
More than $7.5bn worth of capital has flowed into the newly approved bitcoin ETFs since their first day of trading on January 11, according to crypto investment ...
The cryptocurrency has leapt in value after US finance giants poured billions into buying bitcoins.
The price of Bitcoin hit a record high Tuesday morning, and has now skyrocketed nearly 54% on the year.
Bitcoin briefly hit an all-time high Tuesday morning — with the world's largest cryptocurrency surpassing $68800, according to CoinMarketCap.
Bitcoin, the cornerstone of the cryptocurrency market, has reached a new record value more than two years after its previous peak. On Tuesday, the digital ...