Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
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Some 30% of respondents expect Solana to tap $600 in 2025, according to a survey by MV Capital.
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Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total joint lifetime net inflows of over $22 billion.
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Bitcoin’s 9% dip over the last week reduced the likelihood of downside volatility, say analysts from crypto exchange Bitfinex.
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Is the crypto market primed to rebound? Santiment believes several words uttered on social media could hold the answer.
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Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.
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The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.”
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Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off.
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A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply.
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The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market.
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