U.S. spot Bitcoin ETFs extend their positive streak to a sixth day, attracting $365.57 million from investors.

Bitcoin jumped on Thursday, but if recent history is anything to go by, this surge will not last. The apex crypto hit its all-time high of over $73,000 six months ago.

In a recent interview with Jeremy Szafron of Kitco News, financial analyst Clem Chambers discussed the surging prices of Bitcoin and gold, offering his unique insights into the reasons behind these movements and what they signal for the future.

The month of September has never been a favorable month for Bitcoin in terms of returns. Since 2017, only once has the Bitcoin market provided a positive return; it was in last year when the market delivered a minimal return of +3.99%.

More institutional investors have shown higher confidence in Bitcoin and its long-term success amid rising global geopolitical tensions and constant fiat devaluations.

Bitcoin surpasses $65,000. While technical indicators signal a bullish trend, potential short-term pullbacks may occur.

BlackRock's latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing 6-month basis.

Thursday's bullish trading range marks an end of the recent consolidation and a resumption of the rebound from lows under $53,000.

Adaptability is key to the survival of any company. Neil Bergquist, CEO of Seattle-based crypto financial services provider Coinme, knows this principle well.

Spot Bitcoin ETFs experienced significant inflows totaling $365.7 million on September 26, 2024, while Ethereum ETFs faced minor outflows, reflecting the dynamic nature of cryptocurrency investments.

Thursday saw the BTC/USD pair make a higher high, breaking through the $65,000 resistance. Friday is so far showing a daily confirmation above the resistance, which, should this be successful, will provide the platform for the next leg up towards the major $70,000 resistance.

The Bitcoin price has hit $65,000 for the first time since early August, thanks to several recent developments that provide a bullish outlook for the flagship crypto. These developments are also why there is the belief that this BTC rally can extend, with its price rising to $80,000 in Uptober, a term used to describe

Spot Bitcoin exchange-traded funds (ETFs) in the United States recorded a significant daily net inflow of $365.57 million on Thursday, marking the largest influx since late July.

Is Bitcoin at risk of another wave of sell pressure or will the bulls keep forging on?

Popular meme coins PEPE, SHIB, FLOKI and BRETT were seen enjoying their time in the green as Bitcoin surged past the psychological threshold of $65,000, sparking hopes of an impending bull run.

These factors indicate an imminent breakthrough for Bitcoin towards a new historical peak of $80,000 in a few days!

The meme coins have charted the most impressive gains over the past 24 hours.

The only asset that can soar higher than Nvidia? Some billionaires think it could be Bitcoin.

Bitcoin price has built strong momentum this week, and a floundering US economy favours the crypto to rise to its digital gold moment.

Bitcoin price has built strong momentum this week, and a floundering US economy favours the crypto to rise to its digital gold moment.

Staking protocol Bedrock confirmed their platform was infiltrated by a bug involving uniBTC, which allowed users to exchange a uniBTC with an ETH token. Bedrock announced through an X post on Sept.

Bitcoin's surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst.

In contrast, the ETH ETFs were slightly in the red yesterday.

The Bitcoin (BTC) price has been showing major strength ahead of the Friday options expiry surging past $65,000 levels for the first time since August 1. A total of $5.8 billion BTC options are set to expire today along with the PCE inflation data release for the month of August.

Bitcoin (BTC) breached the $65,000 barrier, instilling confidence in investors that a rally may be imminent. This move has sparked optimism that BTC could soon push beyond $70,000, a price last seen nearly three months ago.

Key points:

Bitcoin (BTC) has surpassed the milestone of $65,000 seen since early August.

Swan Bitcoin has filed a lawsuit against some of the former employees of its mining venture for allegedly stealing proprietary software and trade secrets to launch a competing firm, Proton Management. In a Sept.

Bitcoin (BTC) has surged past the $65,000 mark to touch a two-month-high.

With over 10% gains in September 2024 so far, Bitcoin price has beaten the average 5.6% returns in September over the past decade. Global rate cuts to will benefit Bitcoin amid huge liquidity pump.

Analyst and trader Kevin Svenson says Bitcoin (BTC) could print fresh all-time highs (ATHs) before the end of 2024. In a new strategy session, Svenson tells his 79,700 YouTube subscribers that Bitcoin remains in a macro uptrend and could soon soar past its current ATH level of about $74,000.

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.

Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,

The Bitcoin market met a strong upward momentum on September 7. Since then, the momentum has been gradually picking up strength. Yesterday, it helped the market break above the crucial range of $65,000. Now, the BTC price stands at $65,254.

Spot Bitcoin exchange-traded funds in the United States witnessed a two-month-high net inflow on Sept. 26 led by ARK 21Shares' ARKB which drew in $113.8 million.

Bitcoin's correlation with gold has reached its highest point in five months. According to data from Into The Block, this increase coincides with gold reaching a new all-time high against the dollar, trading at $2,670 per ounce today.

Historically, the Bitcoin price has recorded an average gain of just a few percent in September; however, the trend is expected to change soon.

Bitcoin price movements and market sentiment have often been tied to the positions held by traders across the board. Regarding that, an insight shared by CryptoQuant analyst Amr Taha sheds light on the potential significance of Bitcoin's long/short liquidation delta, hinting at a shift in market stance.

Yesterday's net inflows were led by Ark Invest and 21Shares' ARKB, which recorded positive flows of $113.82 million.

Swan Bitcoin took legal action this week against several former employees and a competitor, Proton Management. The company accused them of a deliberate attempt to undermine and seize its Bitcoin mining operations.

Cryptocurrency News: The cryptocurrency industry has seen noteworthy growth in the past 24 hours, climbing by 3.11% to reach a market cap of $2.29T. Along with the price wave, trading activity has also increased significantly, with a jump of 34.58% to $86.92 billion.

Surging Bitcoin ETFs reflect growing investor confidence in cryptocurrency amid favorable economic conditions and potential rate cuts. The post US Bitcoin ETFs net $365 million in a single day as Bitcoin rallies above $65,000 appeared first on Crypto Briefing.

BNY Mellon's recent SEC approval for its crypto custody proposal has reignited institutional interest in Bitcoin. As Bitcoin's price hovers around $65,320, this development could further stabilize its value by boosting investor confidence.

Inflows into the spot Bitcoin ETF have skyrocketed once again with the Bitcoin price crossing more than $65,000 for the first time in nearly two months. The global rate cuts have provided a strong catalyst as BTC prepares for the best September on record with 10% monthly gains.

Michael Saylor, the co-founder of MicroStrategy and a vocal advocate for Bitcoin, has expressed his support for BlackRock's bullish statements regarding the leading cryptocurrency. Saylor's comments follow an appearance by BlackRock's head of digital assets, Robbie Mitchnick, at Bloomberg Crypto, where he made significant remarks about Bitcoin's potential.

Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs.

Recently, Vice President and Democratic nominee Kamala Harris disclosed her long-awaited stance on the crypto industry. Despite the criticism surrounding her seemingly “vague” approach, some politicians have felt “encouraged” about Bitcoin (BTC) and digital assets after the VP's statements.