appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageOctober 25, 2024

4 reasons why Bitcoin price is not trading above $70K

Bitcoin's path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand.
Publisher: Cointelegraph
Sentiment: Neutral
BTC

More News Articles

Positive
cover-imageNewsBTC
October 25, 2024

Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest

A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks. Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks might consider adding Bitcoin to their portfolios.

Positive
cover-imageBenzinga
October 25, 2024

Growing US Deficits Could Boost Bitcoin, Says Investment Guru — But Only Under One Condition

Lyn Alden, a renowned investment strategist, argues that the U.S. has entered a period of “fiscal dominance,” where government deficits are driving monetary policy — a change that could be bullish for Bitcoin (CRYPTO: BTC). In an appearance on the ‘Less Noise More Signal' podcast, Alden outlined her views on the current economic environment, the role of Bitcoin, and the challenges facing traditional financial systems.

Negative
cover-imageBenzinga
October 25, 2024

Bitcoin, Ethereum, Dogecoin 'Chopfest' Begins As Weekend Nears, Traders Warn

Cryptocurrency markets are trading lower despite whale transactions rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,789.25 -1.9% Ethereum (CRYPTO: ETH) $2,471.40 -2.5% Solana (CRYPTO: SOL) $167.86 -5.4% Dogecoin (CRYPTO: DOGE) $0.134 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001721 -3.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.5% and daily active addresses dropping by 6.3%.

Neutral
cover-imageThe Currency Analytics
October 25, 2024

Analysts Split on Impact of New Bitcoin ETF Options: What Lies Ahead for BTC

The recent approval of additional Bitcoin exchange-traded fund (ETF) options by the U.S. Securities and Exchange Commission (SEC) has sent ripples through the cryptocurrency world, raising questions about what this means for Bitcoin's future. While there's a general consensus that these new options could significantly enhance market liquidity, opinions diverge sharply when it comes to the impact on volatility and price trends.

Positive
cover-imageCointribune
October 25, 2024

Why Are Bitcoin ETFs So Appealing To Individual Investors?

The excitement for spot Bitcoin ETFs has not waned since their launch in January 2024, with a significant surprise: it is individual investors, not institutions, who are leading the way. According to a recent report from Binance, retail investors account for 80% of the assets under management of these financial products.

Positive
cover-imageCryptoSlate
October 25, 2024

Retail investors dominate demand for spot Bitcoin ETFs – Binance Research

Retail investors are leading the charge in the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of the total demand, according to a recent report by Binance Research. According to the report, Bitcoin ETFs have seen accelerated adoption since their debut, with cumulative holdings now reaching over 938,700 BTC — approximately $63.

Next Page 1