Bitcoin approaches record high as US Presidential election nears

Bitcoin approaches record high as US Presidential election nears

Bitcoin has experienced a surge of over 8% this week, almost reaching its all-time high on Tuesday. The original cryptocurrency surpassed $73,000 before seeing a slight decrease in gains on Wednesday as the crypto industry anticipates a victory for Republican presidential candidate Donald Trump. Optimistic crypto enthusiasts are forecasting that Bitcoin will hit a new … Read more

Bitcoin surges past $70k momentarily fueled by election optimism and favorable technical indicators according to Investing.com

Bitcoin surges past k momentarily fueled by election optimism and favorable technical indicators according to Investing.com

Bitcoin surged in evening trading on Monday, briefly surpassing key levels amidst increasing speculation of a Republican victory in the upcoming U.S. elections. Positive technical indicators also contributed to its strength. The cryptocurrency rose by up to 3% to reach a three-month high of $70,203.4, disregarding recent concerns surrounding reports of the U.S. government investigating … Read more

Bitcoin Teases $70,000 Mark Following $2.4 Billion Influx Into ETFs

Bitcoin Teases ,000 Mark Following .4 Billion Influx Into ETFs

Bitcoin nearly reached $70,000 on Monday due to a surge in inflows into exchange-traded funds for the largest digital asset, along with optimism surrounding the outlook for US regulations. The cryptocurrency saw a 1% increase before leveling off at $68,720 as of 11 a.m. in Singapore. Other smaller tokens like Ether and Solana traded within … Read more

Asian markets fluctuate; bitcoin surges on ‘Trump trade’

Asian markets fluctuate; bitcoin surges on ‘Trump trade’

Asia shares fluctuated on Monday, with pressure from weakness in Chinese stocks, while bitcoin reached a three-month peak as Trump trades continued to gain momentum. Gold reached another record high due to conflict in the Middle East and the closely contested U.S. presidential election, with the yellow metal expected to remain popular amid global uncertainty. … Read more

BlackRock’s Bitcoin Exchange-Traded Fund Accumulates $1 Billion in Investments This Week, Fidelity Dominates in Ethereum Exchange-Traded Funds with $31 Million.

BlackRock’s Bitcoin Exchange-Traded Fund Accumulates  Billion in Investments This Week, Fidelity Dominates in Ethereum Exchange-Traded Funds with  Million.

BlackRock’s Bitcoin ETF Gobbles Up $1B This Week, Fidelity Leads Among Ethereum ETFs with $31M Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto … Read more

XRP potentially avoiding Death Cross as Bitcoin nears $70,000 milestone with a hitch, significant Dogecoin progress reported by U.Today

XRP potentially avoiding Death Cross as Bitcoin nears ,000 milestone with a hitch, significant Dogecoin progress reported by U.Today

XRP’s price action has been showing signs of strength recently, suggesting that the anticipated death cross may not occur after all. A death cross happens when a short-term moving average crosses below a long-term moving average, typically indicating bearish momentum. However, XRP’s recent performance indicates a potential reversal in trend. The 200-day EMA is a … Read more

Majority of BlackRock’s bitcoin buyers are cryptocurrency enthusiasts who are new to the world of Wall Street

Majority of BlackRock’s bitcoin buyers are cryptocurrency enthusiasts who are new to the world of Wall Street

BlackRock’s main entrance building in Manhattan features a marquee that is an iconic symbol of the company. A year ago, Samara Cohen, the chief investment officer for BlackRock’s exchange-traded funds and index investments, believed that there was a high demand for bitcoin. This led to the launch of one of the first spot bitcoin exchange-traded … Read more