Bitcoin surged above $64,000, rising over 8% from its recent low near $59,000, driven by the largest U.S. spot Bitcoin ETF inflows since mid-May totaling $85.9 million. Optimism around a near peace deal between Pakistan and Iran, with finalization expected within 24 hours, also boosted market sentiment. This rally could end Bitcoin's four-week losing streak if gains hold through the weekly close. Analysts note that ETF holders may have paused selling pressure following SpaceX's IPO, supporting Bitcoin's price recovery.
Bitcoin has maintained its position above the 50-week moving average for the seventh consecutive week despite the $6.3 billion hack on Binance, one of the largest crypto exchange breaches. This resilience suggests that much of bitcoin's speculative e...
As of November 2, tracked Bitcoin holdings across public companies, private companies, governments, ETFs, exchanges, and DeFi entities totaled approximately 4.22 million BTC. Public companies hold about 1.27 million BTC, led by Strategy with 849,327 ...
Bitcoin's price has fallen out of a descending channel and confirmed this breakdown, raising concerns of a deeper drop to around $75,000. This comes amid the backdrop of the $6.3 billion Binance hack, which included about 18,270 BTC. Technical indica...
In the past 24 hours, Bitcoin (BTC) and Solana (SOL) experienced net inflows of $52.31 million and $34.23 million respectively, indicating increased investor interest. Meanwhile, Ethereum (ETH) saw the largest net outflow of $39.61 million, suggestin...
Bitcoin and crypto markets face a critical week with three major events: US midterm elections, rate decisions by central banks in Australia, Sweden, and the UK, and the US October jobs report. Investors link Bitcoin's potential rise to $100,000 by ye...
