Bitcoin Cash

Bitcoin ETF

Bitcoin

Read

Bitcoin is up by over 4% today as the largest cryptocurrency nears its all-time high after a month.&nbsp;
After dipping below $66,000 following wider liquidations in the crypto market, <a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a> made a strong comeback this week, driven by nearly $570 million total net flow in <a href="https://crypto.news/bitcoin-etfs-see-203m-net-daily-inflows-halving/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a> last week. On Thursday and Friday, Bitcoin ETFs consecutively saw more than $200 million in net inflows.&nbsp;
Market sentiment is also highly positive, as the fourth halving is approaching later this month. The anticipation has been further driven by the halving of Bitcoin Cash (<a href="https://crypto.news/bitcoin-cash-price-halving/" rel="noopener noreferrer nofollow">BCH</a>), a fork of the Bitcoin network. The token’s latest halving saw its value surge by 10%, as BCH increased nearly 60% in March.&nbsp;
You might also like: <a href="https://crypto.news/russias-central-bank-foresees-full-scale-cbdc-implementation-post-2029/" rel="noopener noreferrer nofollow"> Russia’s central bank foresees full-scale CBDC implementation post-2029 </a>
Traders and analysts expect a similar impact on BTC after its upcoming halving. Industry experts like SkyBridge Capital’s <a href="https://crypto.news/scaramucci-sees-bitcoin-reach-170k-after-halving/" rel="noopener noreferrer nofollow">Anthony Scaramucci</a> recently predicted BTC would reach $170,000 in the post-halving bullish cycle. Bitcoin’s daily <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">trading volume</a> is also up by 70% today. The largest cryptocurrency reached its previous all-time high a month ago, hitting $73,737. If the market sentiment prevails, BTC can create a new peak this month.&nbsp;
Read more: <a href="https://crypto.news/chinas-largest-mainland-equity-funds-quietly-join-spot-bitcoin-etf-market-report-says/" rel="noopener noreferrer nofollow"> China’s largest mainland equity funds quietly join spot Bitcoin ETF market, report says </a>

Bitcoin nears all-time high as daily trading volume rises 70%

crypto.news

Другие статьи, опубликованные 8 апр. 2024 г.

Decrypting Ripple CTO’s Enigmatic Messages: XRP Community Buzzes with Speculation

Bill Morgan debukes myths affecting Ripple’s XRP token

1inch Network teams up with Mastercard and Crypto Life to launch 1inch Card

Dogecoin, SHIB, PEPE soar amid Bitcoin’s bull run: $100 billion market cap next?

Slothana Rasies Over $10 Million In Presale – Next Solana Meme Coin to Go Viral?

GHST Reaches All-Time High again After 3 Years

Подпишитесь на нашу бесплатную рассылку и получайте новости криптовалют каждый день.