Bitcoin has surpassed Ethereum's market capitalisation by over $1 trillion and one crypto analyst pointed out it is a new all-time high "for the spread."

Last January 10th, 2024, the US Securities and Exchange Commission finally approved the Bitcoin ETF applications of 11 funds, including Fidelity, Grayscale, and Blackrock's IBIT. Within a month, trading volume increased as more banks, funds, and individual traders got a share.

Bitcoin's price has recently surged above the $68,000 mark, gaining 12% over the past week and reigniting hope for a sustained upward movement. With momentum building, many wonder whether Bitcoin can push past its recent highs and target the much-anticipated six-figure mark.

Founder of Professional Capital Management Anthony Pompliano has recently commented on the Bitcoin Vs Dollar debate. In a recent interview, he lauded BTC, saying that the fiat currencies are likely more volatile than BTC.

Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks.

The hopes for a $70,000 Bitcoin price tag remain high, but some hurdles remain.

Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC.

There has been a surge in interest from institutional investors in the cryptocurrency market, and a notable player in this trend is Morgan Stanley. The American multinational investment bank recently disclosed that it holds a substantial investment of $272 million in Bitcoin ETFs (exchange-traded funds).

Leading Russian cryptocurrency expert has made waves in the crypto community by predicting that Bitcoin (BTC) could soar to between $70,000 and $75,000 by the end of October. This forecast comes on the heels of a recent uptick in Bitcoin's price, which has recently approached the $67,000 mark.

Bitcoin, the world's most prominent cryptocurrency, is once again capturing market attention as its price hovers around the critical $68,000 mark. After a 12% surge over the past week, Bitcoin has displayed remarkable resilience, maintaining its position above the $67,000 resistance zone.

Crypto analyst Ash Crypto has alerted the crypto community that $33.14 billion is at risk if the Bitcoin price reaches $72,462. This relates to the short positions that could be liquidated if the flagship crypto hits that price target, a development that will be bullish for BTC.

Bitcoin millionaires have increased by over 111% from 2023 to 85400, accounting for 49.6 of % crypto millionaires in 2024.

After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies — either hodl the BTC they mine or gear up with artificial intelligence (AI).

Crypto analyst Justin Bennett has predicted that the Bitcoin price could retrace to $63,000 following the recent market rally. This prediction comes as the flagship crypto targets a new all-time high (ATH) following a weekly high of around $69,000, its highest level since late July.

Matt Hougan, the chief investment officer of Bitwise Asset Management, has suggested that Bitcoin (BTC) could rise to six figures in 2025. Speaking in a recent interview on the Altcoin Daily YouTube channel with host Aaron Arnold, Hougan laid out a series of compelling factors that he believes will fuel this anticipated price surge.

A certain class of holders are capitalizing on favorable market conditions to book profits.

While bitcoin's price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction.

Bitcoin (BTC) has been on a remarkable upward trajectory, gaining over 10 percent in the last two weeks. As of now, Bitcoin's price hovers around $67,000, just shy of the key resistance level at $68k.

Opposition to Bitcoin by non-holders could influence regulatory landscapes, potentially impacting wealth distribution and economic stability. The post ECB officials urge Bitcoin latecomers, non-holders to oppose Bitcoin and advocate for legislation against it appeared first on Crypto Briefing.

Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation.

Economists from Europe's Central Bank argue that even without a "bubble bursting", perpetually rising bitcoin prices only benefit early adopters.

Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of strategies suited to their risk tolerance and goals.

The cryptocurrency landscape is bracing for a potential shakeup today as a staggering $1.62 billion worth of options contracts for Bitcoin (BTC) and Ethereum (ETH) are set to expire. This monumental event could instigate significant short-term price volatility, influencing traders' strategies and overall market sentiment.

Bitcoin has reached local highs below $69,000 after weeks of steady bullish price action, igniting excitement and caution across the market. Investors are bracing for potential volatility, as this critical price zone has triggered sharp rejections five times in the past few months.

With traders looking to shift funds from memecoins back into more stable altcoins, ETH might be well-positioned for a strong rebound.

In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concerning the hostage crisis.

Weekly non-fungible token sales volume has surged 22.5% and now stands at $93 million, per the latest data. As the crypto market shows slow signs of recovery, the NFT market enjoys an uptick in volume and other metrics.

Analyst Anu has shared ambitious price predictions for XRP and other major digital assets over the next few months. His analysis hinges on the potential performance of Bitcoin (BTC), the largest cryptocurrency by market capitalization, which he believes could surge to an impressive $80,000 in the near term.

In a world where state-backed currencies fund wars, inflate economies and deplete savings, digital alternatives like bitcoin offer a compelling ethical choice. By removing money from government control, bitcoin presents a route toward a freer and more just society.

Max Keiser, a renowned Bitcoin maximalist, doubled down on his Bitcoin price bet with a recent bullish forecast posted to X (formerly Twitter). According to this prediction, Bitcoin will skyrocket to $220,000, and gold will play a crucial role in this move.

The US Securities and Exchange Commission (SEC) has granted a go-ahead to the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (Cboe) to list options trading for several spot Bitcoin ETFs. This development comes amidst the massive inflows recorded by these Bitcoin ETFs in the past week.

After six days of positive inflows and a rise in bitcoin's price, US-based spot bitcoin ETFs hold more value than ever—nearly 5% of BTC's market cap.

Bitcoin ETF options approval boosts institutional inflows and market liquidity. Bitcoin dominance surges, setting stage for Layer 1 coin recovery.

Some coins have returned to the red zone today, according to CoinStats.

Bitcoin saw a surge in whale activity, with wallets holding 100-1k BTC increasing by 268.

Bitcoin miners are some of the most important players in the Web3.0 ecosystem. With their roles in ensuring BTC supply, they are mostly affected by the changes in the network, especially Halving cycles.

With Bitcoin (BTC) seemingly resuming its bullish momentum, a trading analyst has offered insights regarding the asset's next possible stop.

Bitcoin ETF options and global currency weakness could fuel the next Bitcoin surge, but retail interest remains uncertain.

Rising USDT dominance could precipitate a correction for Bitcoin's price.

Bitcoin's (BTC) recent price surge, which has seen the cryptocurrency increase by 10% over the past seven days, has placed 95% of its holders in profitable positions. This upward momentum suggests that Bitcoin could be on the verge of hitting a new all-time high.

Spot bitcoin and ether exchange-traded funds (ETFs) in the U.S. had another winning day, with both categories seeing a steady flow of fresh investments. On Friday, the 12 bitcoin ETFs pulled in a combined $273.71 million, led by ARKB and IBIT at the front of the pack.

The crypto market has grown momentum recently, with Bitcoin ($BTC) leading the charge and experts predicting a significant rise. However, several Bitcoin alternatives are geared for immense growth during this bull run.

The cryptocurrency market has jumped 0.92% in the past 24 hours and is currently valued at $2.34 Trillion. With this, top projects have gained significant valuation to their respective portfolios this week especially top projects such as Bitcoin, Ethereum, and Ripple.

Bitcoin has been sandwiched between $68,000 and $69,000 price range. With much effort the first crypto was able to cross the resistances after $67,300 which is now the latest support zone. What is the reason BTC is finding it difficult to fight the current resistance, let's find out.

Bitcoin has once again made headlines as it attempts to break through a crucial resistance level, currently hovering around $67,670. After facing rejection at $68,300 for the second time, concerns are mounting within the crypto community.

The U.S. Securities and Exchange Commission has granted “accelerated approval” for listing Bitcoin options exchange-traded funds on the New York Stock Exchange and the Chicago Board Options Exchange. According to Oct.

Amid the broad uptick in crypto asset markets, non-fungible token (NFT) sales saw a 22.38% increase this past week. NFT sales managed to rake in $92.95 million this week and Ethereum and Bitcoin NFT sales led the way.