Institutional investors have poured in more than $3 billion in Bitcoin spot ETFs since the first day of October.
The high demand for Bitcoin by institutional investors led by BlackRock’s IBIT, MicroStrategy, and Metaplanet has helped bolster the coin’s bullish sentiment.
After consolidating below $72K for the past seven months, Bitcoin price has accumulated significant bullish sentiment to guarantee a breakout soon.
Ripple submits Form C as it cross-appeals in its legal clash with the SEC while XRP trades 2% down in the past day.
X Empire token’s launch saw price spikes on KuCoin, drops on other exchanges, and controversy over its airdrop distribution.
The ongoing shift in macroeconomic outlook catalyzed by rate cuts in several major jurisdictions has bolstered a bullish outlook for Bitcoin and the entire crypto space.
A sharp drop in Bitcoin prices triggered a cascade of liquidations on October 23, wiping out leveraged positions across the market.
The $79 million net outflow on Tuesday reduced the cumulative net inflows of the 12 ETFs to $21.15 billion.
Institutional investors have doubled down their Bitcoin purchases in the recent past in a bid to hedge against global inflation and the ever-devaluation of fiat currencies.
BlackRock has led in Bitcoin purchases in the recent past, thus re-igniting the overall crypto bullish sentiment, which was anticipated in the fourth quarter.
Despite the steady inflows into Bitcoin ETFs, the crypto market remains ever volatile.
Stripe is rumored to have finalized a $1.1 billion acquisition of the stablecoin platform Bridge, with both companies yet to provide official confirmation.
A sudden surge in Bitcoin’s value has left thousands of traders counting their losses, with $135 million wiped out in liquidations over just 24 hours.
BlackRock’s iShares Bitcoin Trust ETF attracted the majority of Thursday’s inflows of $470million.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?