In the dynamic world of cryptocurrency, the latest Bitcoin price prediction sees the digital asset making a notable surge, reaching $43,500 with an increase of approximately 2.75% on Tuesday. This uptick in Bitcoin’s value comes amidst a flurry of activity in the exchange-traded fund (ETF) sector, signaling a growing institutional interest in cryptocurrency.
Newly released data reported by CoinShares reveals Grayscale’s spot bitcoin ETF (GBTC) saw over $2.2 billion in outflows last week, greatly outweighing the total weekly inflows of its competitors.
The Bitcoin price pumped back to the north of the $43,000 level for the first time in two weeks on Monday as the BTC bulls regained control, with sentiment strengthening due to easing concerns about Grayscale sell pressure, and as new bullish bets come in.
Charles Schwab, a financial giant with $8.5 trillion in assets, has analysts speculating about the possibility of the company entering the spot Bitcoin (BTC) exchange-traded fund (ETF) market.
Large investors in the cryptocurrency market, known as crypto whales, have been busy accumulating Bitcoin (BTC) this month, amassing a total of $3 billion worth of the leading cryptocurrency.
In the realm of cryptocurrency, Bitcoin‘s trajectory has captured the market’s attention yet again. As whispers turn into conversations about Bitcoin price predictions, the digital currency has edged up by 0.41 percent, steadying at $42,403.
In the dynamic world of cryptocurrency, Bitcoin’s price prediction seems bullish, especially as it experiences a noteworthy upswing, currently trading at $42,220, marking a nearly 1% increase on Sunday.
The crypto market experienced whiplash this week, with Bitcoin and related crypto stocks seeing a sharp selloff followed by a big rebound. After falling below $39,000 early in the week, bitcoin popped back above $42,000 on Friday, lifting crypto-focused stocks with it.
A new platform named BitcoinOS aimed at bringing Bitcoin into the decentralized finance (DeFi) landscape has been introduced by a team of blockchain developers at Sovryn.