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Markets are still recovering from Thursday’s bombshell commercial inflation data, but institutional interest in bitcoin is still alive and well. BTC Flat, Yet Institutional Investors Remain Bullish Bitcoin dipped below $117K on Friday, as markets floundered in the wake of Thursday’s higher-than-expected wholesale inflation data from the U.S. Bureau of Labor Statistics (BLS). But the … Read more
Ether exchange-traded funds (ETFs) scored another $640 million in inflows, marking their eighth consecutive day in the green, while bitcoin ETFs logged a seventh straight day of gains with $231 million despite sharp outflows in several major funds. Record-breaking trading volumes underscored the market’s feverish pace. Ether ETFs Extend Streak to 8 Days With Bitcoin … Read more
Bitcoin price stands at $119,128 with a market capitalization of $2.37 trillion, supported by a 24-hour trading volume of $63.34 billion. The day’s intraday range of $117,201 to $121,073 reflects a market in consolidation following a recent sell-off from August’s highs, as traders weigh directional cues from key technical indicators across multiple timeframes. Bitcoin The … Read more
The crypto market’s sharp decline on Aug. 14 resulted in over $1 billion in liquidations within 24 hours. Inflation Fears Fuel Market Crash The crypto market’s unexpected descent shortly after reaching yet another milestone saw more than $1 billion in short and long bets being wiped out in just 24 hours. According to Coinglass data … Read more
The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. … Read more
After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization to … Read more
XRP is trading at $3.06 with a market capitalization of $181.57 billion and a 24-hour trading volume of $11.35 billion. The digital asset moved within a 24-hour intraday price range of $3.06 to $3.34, reflecting high volatility amid ongoing bearish pressure. XRP On the 1-hour chart, XRP shows signs of near-term consolidation following a sharp … Read more
Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior … Read more
Ether exchange-traded funds (ETFs) posted their second-highest single-day inflow ever at $729.14 million, while bitcoin ETFs notched a sixth consecutive day of gains with $86.91 million in net inflows. Both markets saw record trading volumes and fresh all-time highs in net assets. Ether ETFs Shatter Records Again With $729 Million Inflow As Bitcoin ETFs Mark … Read more
Microstrategy stock is vaulting past bitcoin NAV as investors chase explosive upside, as Michael Saylor highlights powerful structural factors fueling demand beyond direct bitcoin exposure limits. Surpassing Bitcoin NAV, Michael Saylor Highlights 4 Factors Fueling MSTR’s Premium Microstrategy’s stock (Nasdaq: MSTR) has traded above the value of its underlying bitcoin holdings, reflecting structural advantages unavailable … Read more