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news-imageOctober 14, 2024

Bitcoin Price Analysis: Increased Futures Activity and Open Interest Hint at Bullish Momentum

Bitcoin's recent price movement reflects increased activity in the futures market, with data from Coinglass revealing that CME leads the charge with 15,663 BTC in open interest, equivalent to about $9.81 billion.
Publisher: Cryptonews
Sentiment: Positive
BTC

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cover-imageCoinPedia
October 14, 2024

Top Reasons Why Bitcoin Price Is Up Today

Today, the crypto market has seen impressive gains, with its overall value jumping 5% to reach $2.28 trillion. Bitcoin, the largest cryptocurrency, rose 5% to touch $65,810, while Ethereum, Solana, and XRP also showed strong growth. So, what is driving this Bitcoin rally? Let's dive into the main reasons.

Positive
cover-imageBenzinga
October 14, 2024

Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark Are Rallying: What's Going On?

Bitcoin (CRYPTO: BTC) mining stocks Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading higher Monday alongside a rise in the price of Bitcoin. What To Know: Bitcoin has climbed more than 4% over the last 24 hours driving strength in the broader crypto space and crypto-related stocks.

Positive
cover-imageCoinPedia
October 14, 2024

Why Bitcoin Price is Increasing Today? The reason

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization is gaining significant attention from the crypto community following its impressive price surge over the past 24 hours. With a surge of over 6%, BTC reclaimed the $66,000 level for the second time since July 2024.

Positive
cover-imageBenzinga
October 14, 2024

Bitcoin Slams Through $65K: 4 Reasons Why 'Uptober' Is Back On The Table

Bitcoin (CRYPTO: BTC) has broken the $65,000 mark, trading at $65,840 at the time of writing, up 5.4% over the past 24 hours. What Happened: Crypto trader Stockmoney Lizards has turned bullish, noting that while many are anticipating further lows, they may soon be left behind due to several indicators: Bull Market Bottom: Bitcoin is in a bull market, having experienced a 90% pump in February and March.

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