With the rise of bitcoin, the market feels greedy again

Greed was awakened in the markets a few days before the presidential elections in the United States on November 5 and the price of bitcoin (BTC) was about to record a new all-time high (ATH). This feeling is reflected in the fear and greed index prepared by CoinMarketCapwhere you can see that the indicator currently … Read more

Bitcoin reaches new all-time high in more than 100 currencies

In Venezuela, through Mexico, Vietnam and even Turkmenistan, bitcoin is at its highest. Bitcoin is 2.7% away from marking a new all-time high in dollars. Bitcoin (BTC) has set a new all-time high in over 100 different fiat currencies. From the Mexican peso to the Venezuelan bolivar, passing through the euro and the Japanese yen, … Read more

Monster inflows into ETFs boosted bitcoin price

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday reported inflows of more than $870 million, the third highest figure since these financial instruments went on the market in January 2024. According to data from SosoValue, BlackRock’s iShares Bitcoin Trust (IBIT) had positive capital flows of more than 642 million dollarswhile the Fidelity Wise … Read more

Bitcoin price near ATH is land in sight for miners

The hashprice indicates how much a miner can earn per processing unit. This indicator remains at historic lows, but is beginning to promise relief to miners. Bitcoin (BTC) miners have land in sight with the rally in the price of BTC towards all-time highs. Although the break of this ATH (All-Time High, an acronym that … Read more

ETFs close to surpassing Satoshi Nakamoto in bitcoin holdings

The ETFs have been adding about 17,000 BTC per week, on average. The approval of the funds has boosted the price of bitcoin. The performance of spot bitcoin ETFs in the United States has been overwhelming since their debut in January of this year, and now, just over 10 months after going public, these funds … Read more

What’s upsetting the price of bitcoin?

Bitcoin (BTC) is positioned at the center of the global financial scene, reaching levels close to its all-time high of $73,800 and generating expectations that it could break its own records. What is behind this rise? Various factors, both long-term and short-term, are coming together to push the price of bitcoin to new heights, and … Read more

A golden cross confirms the bullish trend of bitcoin

With the closing of yesterday’s daily candle, the golden cross was formed. Macroeconomic data and US elections may boost bitcoin these days One of the most anticipated bullish technical patterns by bitcoin (BTC) investors has finally formed. It is a golden cross. This phenomenon occurs when bitcoin’s 50-day moving average (MA) price crosses above its … Read more

99% of bitcoin holders are currently in profit

This Tuesday, October 29, 99% of bitcoin (BTC) holders are in profit, according to CryptoQuant data. At a time when BTC is negotiate At USD 72,350, more than 97.6% of all bitcoin holders have made profits on their investment to date, indicates the analysis firm Cryptoquant. The last time more than 97% of bitcoin supply … Read more

Bitcoin traders are anticipating $77,000 for Thursday

Bitcoin (BTC) options traders are positioning themselves for a scenario of new all-time high prices for the digital currency in short order. In a breakthrough in demand today, the price of bitcoin today surpassed $72,000 (USD), a value not seen in four and a half months. With this, the currency is less than $2,000 from … Read more

New highs are coming for bitcoin, CME suggests

Historically, bitcoin (BTC) hit new all-time highs after the halving. The market is expecting the outcome of the US presidential elections. CME Group, the operating company of the Chicago Mercantile Exchange, expressed optimism about the future of bitcoin (BTC) and raises the possibility of the digital asset reaching a new all-time high in the short … Read more