Bitcoin hits a two-year high at $57,000 as big investors jump on board, driving the crypto market frenzy.
Bitcoin, the pioneer in the realm of cryptocurrencies, has once again made headlines as it surged past the $57,000 mark. This monumental achievement comes on the heels of significant purchases by high-profile investors, catapulting Bitcoin to new heights. The recent purchase of 3,000 bitcoins worth $155 million by MicroStrategy has further fueled the excitement in the crypto market, indicating a growing institutional interest in digital assets.
The approval of bitcoin-owning exchange-traded funds (ETFs) has played a vital role in boosting Bitcoin's value. This recent development has attracted a surge of big buyers into the market, propelling Bitcoin's price even higher. With the influx of institutional investments and the growing demand for digital currencies, Bitcoin's upward trajectory seems to have no limits.
In a spectacular display of its strength, Bitcoin tore through market resistance and surpassed the $57,000 mark with remarkable resilience. The bullish momentum was evident during active trading sessions, showcasing the robust investor confidence in the cryptocurrency. As Bitcoin continues to outperform expectations, the crypto community eagerly anticipates what the future holds for this digital asset.
As Bitcoin maintains its upward momentum, hitting a two-year high, the crypto market braces for a potential record-breaking surge. With key drivers like MicroStrategy's significant bitcoin purchase and the rising demand for digital investments, Bitcoin's dominance in the market remains unchallenged. As the crypto rally gains momentum, enthusiasts and investors alike eagerly watch as Bitcoin paves the way for the future of digital finance.
Crypto investing and software firm MicroStrategy disclosed a purchase of about 3000 bitcoins for $155 million on Monday.
The original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the ...
The original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the ...
Bitcoin topped $57,000 for the first time in more than two years on Tuesday, propelled by purchases from large investors and booming demand through ...
The price of the leading cryptocurrency rose decisively during active trading in the US, and in the illiquid Asian session, we saw a wave of stop orders ...
Key drivers included the disclosure from crypto investor and software firm MicroStrategy regarding its recent purchase of 3,000 Bitcoins worth $155 million.
(Bloomberg) -- Bitcoin retook the $57000 level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as ...
Crypto investments are on the rise, driving up the price of the original currency. ADVERTISEMENT. The world's largest cryptocurrency by market cap is rallying ...
Total trading volumes in spot bitcoin ETFs crossed $54bn on 26 February. But there have also been some losers. These including crypto investment firm Grayscale ...
Bitcoin retook the $57,000 level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as further purchases ...
Bitcoin is booming again, and the new crop of ETFs are in the driving seat. Investors have poured money into the bitcoin exchange-traded funds that launched ...
BlackRock, Fidelity and other Wall Street firms have applied to launch ether ETFs.
As of late Monday, bitcoin had gained more than 5% over the past week and traded above $54000 for the first time since December 2021.
However, while bitcoin can be traded 24 hours a day, seven days a week, ETFs investing in the crypto follow the trading hours of U.S. stock market, which run ...
World's biggest cryptocurrency sees daily gain of 10.7% - Anadolu Ajansฤฑ.
Bitcoin is on a roll as prior investors return to the crypto, while a new crop piles into the asset via spot ETFs recently approved by the Securities and ...
Bitcoin block rewards accrue to miners and consist of two components: a block subsidy and transaction fees. Each of these has different definitions and ...
Bitcoin hit a two-year high Tuesday (Feb. 27), surpassing $57000 as big buyers flock to the cryptocurrency market.
Bitcoin prices are on a tear once again, surging to the highest since November 2021 as the digital currency benefits from multiple bullish factors.
As the Bitcoin price surges, South African crypto-currency exchanges urge caution, as more traders are enticed by Bitcoin's value.
In a February 27 newsletter, on-chain market intelligence firm Glassnode indicated that the risk appetite among Bitcoin investors has increased, citing โgrowing ...
Opinion: Get over it. Of course Bitcoin will survive. The real question: Which miners will thrive?
Ilya Lichtenstein, who pleaded guilty in the Bitfinex case last year, is now a U.S. witness who testified about his use of Bitcoin Fog and other mixers to ...
TecCrypto.com announces strategic preparations for the upcoming Bitcoin halving, focusing on optimizing mining operations & empowering its community through ...
Bitcoin's all-time high is in sight after the crypto breached $57,000, chart analysts say. Here's what to expect. Published Tue, Feb 27 20243:35 PM EST ...