Shiba

Flow

Millions

Bitcoin

Shiba Inu

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 <p>Bitcoin reached $44,000 on Thursday making it touch a yearly high in 2023. BTC began the year trading at a low of $16,500 and sustainably scaled up in price despite the odds. The leading <a rel="dofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> is now attracting bullish sentiments by receiving a large inflow of funds from various quarters, including institutional investors. Bitcoin’s rise is also helping leading altcoin and other <a rel="dofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> tokens such as Shiba Inu (SHIB), among others.</p> 
 <p><strong>Also Read: Shiba Inu: Shibarium Will Start ‘Burning’ SHIB Tokens, Confirms Team</strong></p> 
 <h2 class="wp-block-heading" id="h-bitcoin-pushes-shiba-inu-to-delete-a-zero">Bitcoin Pushes Shiba Inu To Delete a ‘Zero’</h2> 
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   <img decoding="async" width="1024" height="802" src="https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp" alt="Shiba Inu Bitcoin" class="wp-image-31395" srcset="https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 1024w, https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 300w, https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 768w, https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 380w, https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 550w, https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 800w, https://cdn.thebittimes.com/images/2023/12/07/216677678ae89b57d989f8e72e7d6438.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p>The king <a rel="dofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> Bitcoin is now pushing Shiba Inu (SHIB) to delete a ‘zero’ in the indices. Shiba Inu was trading at $0.000007 levels before BTC shot up in price but is now nearing the $0.00000971 mark. Another leg-up could send SHIB to the $0.00001 level making it delete its fifth ‘zero’ due to Bitcoin’s help.</p> 
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 <p><strong>Also Read:&nbsp;Shiba Inu: $18,000 in SHIB Turns $43.7 Million in December 2023</strong></p> 
 <p>A handful of investors who reaped profits from Bitcoin are also now investing in leading altcoins such as Ripple’s XRP, Cardano (ADA), VeChain (VET), and Shiba Inu, along with its competitor Dogecoin. The overall <a rel="dofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> market is now brimming with fresh enthusiasm making investors reap decent profits.</p> 
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 <p>This isn’t the first time that Bitcoin has driven other altcoins to move in tandem with its steady price rise. BTC has been the market leader and any signals indicating its rise and made other tokens rally along with it. Therefore, Bitcoin profits have a trickle-down effect, and the spillover benefits Shiba Inu, XRP, ADA, and other cryptocurrencies.</p> 
 <p><strong>Also Read:&nbsp;The Race to $1: Will Shiba Inu or Dogecoin Get There First?</strong></p> 
 <p>Additionally, the Bitcoin halving is on April 20, 2024, and BTC is expected to rise in the next four months. Read here to know more details about the Bitcoin halving and how the development helps the <a rel="dofollow" title="cryptocurrency" href="https://thebittimes.com/tag/cryptocurrency.html">cryptocurrency</a> markets to spike.</p> 
 <p>At press time, BTC was trading at $44,000 and up close to 1% in the 24-hours day trade. On the other hand, Shiba Inu was trading at $0.00000971.</p> 
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<div class="cs-entry__tags">
 <ul>
  <li>bitcoin</li>
  <li>btc</li>
  <li>cryptocurrency</li>
  <li>shib</li>
  <li>shiba inu</li>
 </ul>
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/shiba-inu-millions-of-bitcoin-profits-set-to-flow-into-shib-tbt72879.html">https://thebittimes.com/shiba-inu-millions-of-bitcoin-profits-set-to-flow-into-shib-tbt72879.html</a></p>

Shiba Inu: Millions of Bitcoin Profits Set to Flow Into SHIB

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TheBitTimes

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