Bitcoin Cash

Bitcoin ETF

Bitcoin

Read

Bitcoin is up by over 4% today as the largest cryptocurrency nears its all-time high after a month.&nbsp;
After dipping below $66,000 following wider liquidations in the crypto market, <a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a> made a strong comeback this week, driven by nearly $570 million total net flow in <a href="https://crypto.news/bitcoin-etfs-see-203m-net-daily-inflows-halving/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a> last week. On Thursday and Friday, Bitcoin ETFs consecutively saw more than $200 million in net inflows.&nbsp;
Market sentiment is also highly positive, as the fourth halving is approaching later this month. The anticipation has been further driven by the halving of Bitcoin Cash (<a href="https://crypto.news/bitcoin-cash-price-halving/" rel="noopener noreferrer nofollow">BCH</a>), a fork of the Bitcoin network. The token’s latest halving saw its value surge by 10%, as BCH increased nearly 60% in March.&nbsp;
You might also like: <a href="https://crypto.news/russias-central-bank-foresees-full-scale-cbdc-implementation-post-2029/" rel="noopener noreferrer nofollow"> Russia’s central bank foresees full-scale CBDC implementation post-2029 </a>
Traders and analysts expect a similar impact on BTC after its upcoming halving. Industry experts like SkyBridge Capital’s <a href="https://crypto.news/scaramucci-sees-bitcoin-reach-170k-after-halving/" rel="noopener noreferrer nofollow">Anthony Scaramucci</a> recently predicted BTC would reach $170,000 in the post-halving bullish cycle. Bitcoin’s daily <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">trading volume</a> is also up by 70% today. The largest cryptocurrency reached its previous all-time high a month ago, hitting $73,737. If the market sentiment prevails, BTC can create a new peak this month.&nbsp;
Read more: <a href="https://crypto.news/chinas-largest-mainland-equity-funds-quietly-join-spot-bitcoin-etf-market-report-says/" rel="noopener noreferrer nofollow"> China’s largest mainland equity funds quietly join spot Bitcoin ETF market, report says </a>

Bitcoin nears all-time high as daily trading volume rises 70%

crypto.news

Alte articole publicate pe 8 apr. 2024

Robert Kiyosaki warns U.S. is ‘bankrupt’ and everything is set to crash

Sui Network Collaborates With Space And Time To Integrate Its New RPC 2.0 Service

Dogecoin Price Crossed Demand Zone, Is It About To Get Wings Soon

JUST IN! Binance Announces It Will List a New Altcoin!

Decrypting Ripple CTO’s Enigmatic Messages: XRP Community Buzzes with Speculation

Top 5 Altcoins to BUY Before Bitcoin Halving

Join our free newsletter for daily crypto updates!