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news-imageNovember 1, 2024

Bitcoin Sees Growing Institutional Demand Amid Surge Past $70,000 Mark: Analyst

The price of the flagship cryptocurrency Bitcoin ($BTC) topped the $73,000 mark over this week and nearly hit its previous all-time high before enduring a significant correction, seemingly as institutional demand for BTC in custodial wallets has kept on rising.
Publisher: CryptoGlobe
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageThe Currency Analytics
November 1, 2024

BlackRock Bitcoin ETF Sees Record $3.3 Billion Volume Amid Growing Institutional FOMO

The race among Bitcoin exchange-traded funds (ETFs) continues to heat up as the BlackRock Bitcoin ETF (IBIT) posts an impressive $3.3 billion trading volume, marking its highest level in six months. Institutional demand appears to be driving this surge, with BlackRock's IBIT leading a wave of FOMO-driven inflows, indicating that major investors are moving to capitalize on Bitcoin's current momentum.

Positive
cover-imageNewsBTC
November 1, 2024

‘OG' Bitcoin Supporter Says Crypto Will Surpass Gold And Oil – Details

An OG Bitcoin advocate made a bold forecast that demand for Bitcoin will increase rapidly in the near future, bolstering the estimates of some crypto experts that BTC is on a trajectory to hit the six-figure level. OG, short for “original gangster” or “original gangsta,” is a slang expression for someone who is exceptional, unique, or “old-school.

Positive
cover-imageThe Currency Analytics
November 1, 2024

Bitcoin Nears All-Time High: Will It Hit $80K by Election Day

Bitcoin approaches a significant milestone, cryptocurrency enthusiasts are buzzing with excitement. The price of Bitcoin has soared from approximately $65,000 to over $73,000 in just a week, putting it a mere 2% away from breaking its all-time high (ATH) of $73,750, set on March 14, 2024.

Positive
cover-imageThe Currency Analytics
November 1, 2024

Bitcoin Soars Above $73K: Could the Next Stop Be $84K

Bitcoin (BTC) is back in the headlines with a striking price surge above $73,000, ignite renewed optimism for a potential rally to $84,000. This recent price movement comes as BTC shakes off losses from the August 5 market drop, which briefly pushed the leading cryptocurrency below $50,000.

Positive
cover-imageUToday
November 1, 2024

Solana (SOL) To Reach $200 in November if This Continues, Key Reason Why Shiba Inu (SHIB) is Not in Bull Market, Bitcoin (BTC) All-Time High Is Almost In, But What's Next?

Solana is on a strong upward trajectory, and if the current pace continues, it could see its price approach $200 by mid-November. Strong market sentiment is reflected in the price action for SOL as growing investor interest pushes it closer to this expected level.

Neutral
cover-imageThe Currency Analytics
October 31, 2024

Bitcoin Whale Awakens After 12 Years, Nets Over 650,000% Gains

A Bitcoin wallet that has been inactive for an incredible 12 years has suddenly come to life, moving a significant amount of Bitcoin just as the market experiences a surge. This unexpected transaction, which amounts to millions of dollars, has piqued the interest of investors and analysts alike, raising questions about its implications for the future of Bitcoin and the broader cryptocurrency market.

Positive
cover-imageCNBC Television
October 31, 2024

Bitcoin retreats to $70,000 to close out October: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World's MacKenzie Sigalos reports from Money 20/20 on the growing adoption of stablecoins, and Coinbase's Faryar Shirzad explains why the company is committing money to the 2026 midterms.

Positive
cover-imageThe Daily Hodl
October 31, 2024

Crypto Analyst Says One Large-Cap Memecoin Looking Very Strong, Updates Outlook on Bitcoin and Solana

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low.

Positive
cover-imageThe Daily Hodl
October 31, 2024

Ethereum in the Final Innings of Downtrend Against Bitcoin, Says Top Analyst Benjamin Cowen – Here's His Outlook

A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.

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