U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $ 77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $ 71M Following 12 consecutive days of inflows …
As of May 20, 2024, bitcoin is trading at $ 67,224, reflecting a strong market performance. The cryptocurrency has experienced a 24-hour range between $ 66,000 and $ 67,431, with a market capitalization of $ 1.32 trillion and a trading volume of $ 21.18 billion. Bitcoin The daily chart indicates …
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $ 330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards …
On March 5, 2024, at 10:03 a.m. (ET), bitcoin’s value eclipsed its previous lifetime peak against the U.S. dollar, ascending beyond the $ 69,000 threshold on Tuesday. This breakthrough in valuation marks a new all-time high (ATH), occurring 846 days since bitcoin last reached the $ 69,000 mark on Nov. 10, 2021. From …
For many advocates, the green light for a spot bitcoin ETF (exchange-traded fund) signifies a pivotal moment in the progression of digital assets. Pantera Capital’s Dan Moorehead views this evolution not merely as another chapter in the crypto narrative, but as a transformative leap in the recognition and accessibility of bitcoin for investors. As the […]