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Bitcoin Skyrockets by 4% in Epic Comeback, Inches Closer to Record-Breaking High. After a dip below the $66,000 mark, BTC has made an impressive recovery this week. The driving force behind this resurgence? A whopping $570 million in total net flow in Bitcoin ETFs last week. But the excitement doesn’t stop there. On Thursday and … Read more
Breaking records once again, Bitcoin ETFs experienced a remarkable surge of $203 million in net inflow on Friday, April 6th. This impressive streak has now stretched over four consecutive days, cementing the popularity of these exchange-traded funds. SoSoValue has just reported that Grayscale’s GBTC ETF experienced a significant drop in net assets, losing a whopping … Read more
Bitcoin ETF Sector Sees Record-Breaking $113 Million Inflows on April 3rd. The financial world is abuzz with excitement as capital inflows surge, pushing past the dreaded red zone. And the top contender leading this influx of funds? None other than Fidelity’s spot Bitcoin ETF, (FBTC), which recorded a whopping $116.6 million. Hot on its heels … Read more
The world of Bitcoin is currently in the grip of a bearish formation, with bulls struggling to regain control after suffering losses on April 2nd. Despite a promising outlook from a broader perspective, the past week has seen a significant 6% decline, compounded by the sharp drop on April 2nd, leaving sellers with the upper … Read more
With Monday and Tuesday’s red days potentially being erased, all eyes are on Bitcoin and the altcoin market. Will this be the moment when Bitcoin soars to retest its record-breaking peak? Tuesday’s market turbulence sent shivers down the spines of crypto investors as $BTC plummeted to $64,500. But fear not, the top cryptocurrency has shown … Read more
The world of cryptocurrency was rocked this week as the market took a sharp turn, with Bitcoin plummeting by a staggering 10% in just 48 hours. Investors were left reeling as the once-booming market showed signs of instability. The cause behind the recent market plunge has been a hot topic, and Altcoin Daily’s in-depth investigation … Read more
$30,175 Bitcoin, valued at a whopping $2.1 billion, has been transferred by the US Government from the infamous Silk Road to the digital realm of cryptocurrency exchange Coinbase. Amidst a rollercoaster ride for Bitcoin, the latest transfer has sent shockwaves through the cryptocurrency world. The value of Bitcoin has taken a dip, reaching a weekly … Read more
The crypto world was shaken on Monday as Bitcoin experienced a 4.5% drop before making a comeback. But Tuesday has proven to be even harsher. The question on everyone’s mind now is: will Bitcoin rebound from its current level, or will the market present a golden chance to snag some Bitcoin at a bargain price? … Read more
The infamous Bitcoin is currently experiencing a downward trend, as revealed by the daily chart. Despite the unwavering confidence of its supporters, this drop in value is causing a stir in the crypto world. After a sudden plunge during the Asian trading session, the only way for the uptrend to continue is if there is … Read more
The crypto market was ablaze with red hues in the wee hours of Tuesday, as Bitcoin took a nosedive of over 6%. Its value plummeted to a low of 66K before finding stability near 67K, all thanks to a surge in demand for the safe haven currency. Meanwhile, the US dollar index soared to a … Read more