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news-imageJanuary 11, 2025

Bitcoin ETF Boom : A Historic Shift In Finance

The history of financial markets is marked by breakthroughs, those moments when an asset or an innovation disrupts established rules. 2024 will be remembered as the year when Bitcoin definitively crossed a milestone with the rise of spot ETFs.
Publisher: Cointribune
Sentiment: Positive
BTC

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Negative
cover-imageThe Currency Analytics
January 11, 2025

Bitcoin Price Drops Below $95K Amid Record ETF Outflows and Potential Silk Road Bitcoin Sale

Bitcoin (BTC) experienced a sharp decline in price this week, dropping below the $95,000 mark after briefly surpassing $100,000. The price correction comes amid a combination of market events, including substantial outflows from Bitcoin exchange-traded funds (ETFs) and news that the U.S. government may soon sell seized Bitcoin from the infamous Silk Road marketplace.

Positive
cover-imageCoinPedia
January 11, 2025

El Salvador Sees Tourism Boom Amid Bitcoin Adoption

As per a recent report, El Salvador has witnessed a boom in tourism amid its Bitcoin adoption as a legal tender. As per a report from Santander, shared by El Salvador President Nayib Bukele, the country welcomed 3.9 million tourists in 2024, which was a 22% increase from the previous year.

Positive
cover-imageThe Currency Analytics
January 11, 2025

Peter Brandt: Bitcoin Slump Could Be a Bear Trap, $135K Price Ahead

Veteran market trader Peter Brandt has weighed in on Bitcoin's recent turbulence, suggesting that the ongoing price slump could be a bear trap rather than a clear indication of prolonged bearishness. This analysis comes as Bitcoin faces a notable drop in value, fueling mixed opinions about its future.

Negative
cover-imageCointribune
January 11, 2025

Bitcoin Faces Resistance : What's Driving This Correction?

Bitcoin is facing a new setback, shaken by a market that is reevaluating its expectations. Indeed, the publication of a solid economic report in the United States has strengthened the dollar, which reduces the likelihood of an imminent interest rate cut by the Federal Reserve.

Positive
cover-imageNewsBTC
January 11, 2025

Bitcoin To Challenge Gold: Expert Sees US Taking The Lead

Matthew Sigel, Head of Digital Assets Research at VanEck, has recently made comments regarding the potential of Bitcoin to become a global monetary standard, similar to gold, which have sparked controversy. This viewpoint is gathering momentum, particularly as the debate regarding a US Strategic Bitcoin Reserve intensifies.

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