⇑ Bitcoin Bull Run Continues: Flirting with $95,000 Amid High Trading Volumes and Corporate Adoption
Major developments are driving a bullish sentiment for Bitcoin , as it recently edged towards $95,000. Highlighted events include the inaugural...
In a culmination of cryptocurrency trends and updates, focus is laid on the performance and speculation surrounding Bitcoin. Observations that Bitcoin was not mentioned during the Trump-Biden debate are contrasted with news that the cryptocurrency spiked during the debate. This includes a massive correction that Benjamin Cowen warns is possible. There is buzz about a Bitcoin bill introduced to Congress after a crypto price crash, which is deemed groundbreaking.
Bitcoin's price returned to $62K as traders hope for liquidity. There are reports that the U.S Government has moved significant amounts of Bitcoin and hailed wholecoiners who hold above the one million mark. Due to a frenzy in M&A, crypto, and Bitcoin miners are seen going after the AI boom. There's a focus on the Asia-Pacific market which is warming up to Bitcoin and Ethereum ETFs.
Mount Gox repayments have Bitcoin nearing $62,000. Julian Assange's family is using Bitcoin to fundraise for him while a Bitcoin wallet from the Satoshi era woke up to send 50 BTC to Binance. Similarly, the US government's transfer of Bitcoin to Coinbase has sparked market speculation. Federal taxes can now be paid in Bitcoin, thanks to new legislation, and US spot Bitcoin ETFs have scored $31 million in net inflows after an outflow streak.
Bitcoin News Analytics from Thu, 09 May 2024 07:00:00 GMT to Fri, 28 Jun 2024 04:43:40 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -4
