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Bitcoin Nears All-Time High As Price Momentum Builds, Mining Difficulty Hits Record Levels

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Bitcoin’s spot price has continued its upward march, trading as high as $69,000, just 6.8% below its all-time high (ATH). This recent surge, driven by technical and on-chain factors, has pushed Bitcoin through several key resistance levels, marking one of the first signs of sustained positive momentum since late June. The #Bitcoin spot price has … Read more

Bitcoin Accumulation Soars: Over 2.9 Million BTC In Key Addresses As Institutional Interest Grows

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The total amount of Bitcoin held in accumulation addresses has surged to over 2.9 million BTC, doubling from 1.5 million at the beginning of the year. This significant increase, achieved in just 10 months, highlights a growing interest in Bitcoin as both institutional and retail investors strengthen their positions. The total $BTC amount in #Bitcoin … Read more

Bitcoin Supply Held By New Investors Hits 2-Year High Amid ETF Inflows

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The percentage of Bitcoin supply held by addresses that bought within the last 12 months has reached its highest point in two years, signaling renewed interest from newer investors. This surge has been driven in part by a significant inflow of capital into Bitcoin exchange-traded funds (ETFs). According to data from @intotheblock, Bitcoin ETFs saw … Read more

‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction

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Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity … Read more