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news-imageOctober 31, 2024

Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead

Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a significant move in the coming days. Analysts and investors closely watch this range as BTC inches closer to its all-time high (ATH).
Publisher: NewsBTC
Sentiment: Positive
BTC

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cover-imageCrypto Daily
October 31, 2024

Spot Bitcoin ETF buying becomes an avalanche

After the 3rd biggest inflow in terms of US dollar equivalent in BTC on Wednesday, Thursday has now seen the 2nd biggest inflow, as the U.S. Spot Bitcoin ETFs purchased another $896.3M worth of $BTC. As these massive amounts of BTC are hoovered up out of the market, the $BTC price is coiling up ready to explode higher.

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cover-imageBenzinga
October 31, 2024

Michael Saylor Says Bitcoin Remedy To Fix Unhealthy Balance Sheets As MicroStrategy Unveils Massive $42B BTC Purchase Plan

In a bold but unsurprising move, MicroStrategy Inc. (NASDAQ:MSTR) CEO Michael Saylor said the company would advocate for Bitcoin (CRYPTO: BTC) as a treasury reserve asset across global finance. What Happened: During the company's third-quarter earnings call Tuesday, Saylor voiced his conviction in Bitcoin's potential to rectify the unhealthy balance sheets of both public and private enterprises.

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