Crazy cryptocurrency market! Analysts are betting that bitcoin will not experience a significant pullback until it reaches $150,000.
①Bitcoin's price has surged nearly 30% in the past seven days, breaking through $89,000 in the past 24 hours; ②Analysts predict that Bitcoin's price will continue to rise due to positive political momentum, social media hype, continued interest rate cuts, and the prospect of becoming a strategic reserve asset for the United States.
Bitcoin and gold are approaching the "Golden Cross". A major signal: Can the price rise above 0.089 million and still be traded?
On Tuesday, November 12, bitcoin successfully climbed to $****, reaching a new all-time high. Bloomberg Senior ETF Analyst Eric Balchunas stated that the asset size of the United States bitcoin spot ETF has reached two-thirds of the gold ETF, which means that a "golden cross" between the two could soon form. Technical analysts emphasize that despite bitcoin reaching a new high, there doesn't appear to be an overheating phenomenon on the technical side.
November 11th inflow/outflow of BTC/ETH spot etf
Yesterday (November 8), the net inflow of bitcoin spot ETF in the USA was 1.1141 billion USD; the net inflow of ethereum spot ETF in the USA was 0.2955 billion USD.
Latest cryptos news | Bitcoin approaching the $90,000 psychological barrier; Tesla's bitcoin holdings value surpasses $1 billion
Market information shows that the current global crypto market cap is about $3.11 trillion, up 6.8% in the past 24 hours, surpassing the previous high of $3.069 trillion on November 9, 2021.
Milestone moment! BlackRock's bitcoin ETF size exceeds gold for the first time!
Bitcoin has entered a "beast mode", with the current price approaching $90,000. The market cap of cryptocurrencies has reached a historical high of about $3.1 trillion.
"Trump 2.0", why is bitcoin skyrocketing while gold is plummeting.
Analysis suggests that 'Trump 2.0' may lean towards a 'small government' ideology, reducing government intervention and avoiding expansionary fiscal expenditures, which is bullish for bitcoin as a 'decentralized' asset. This cautious fiscal style also suppresses the safe-haven properties of gold, weakening its attractiveness as a hedge asset.
Across the board breakthrough! Last night, these four numbers interpreted the "Trump trade".
1) 350, 6000, 44000, 88000 - Do you know the meaning of these series of numbers? 2) They represent the integer positions reached by Tesla, s&p 500 index, Dow Jones, and Bitcoin respectively yesterday's breakthrough.
Hong Kong stocks abnormal movement: Bitcoin soared, cryptocurrency spot ETFs all opened higher, Bosera Bitcoin rose nearly 15%.
格隆汇November 12th | The Hong Kong stock market's cryptos spot ETFs collectively opened higher, with Bosch bitcoin up nearly 15%, Huaxia bitcoin up over 10%, Huaxia ethereum up over 4%, and Jiashi ethereum up over 3%. In terms of news, bitcoin continues to rise, breaking through the $0.089 million mark, facing the challenge of the $0.09 million mark. At the same time, the global cryptos total market value has surpassed the historical high set in November 2021, reaching $3.1 trillion. In addition, according to The Washington Post, US President-elect Trump is preparing to take a more lenient stance on cryptos, as he is looking for friends in the crypto industry.
The US dollar, bitcoin, and Tesla are surging! Investors are all in on the 'Trump trade'.
The 'Trump trade' is causing a new wave, the dollar hitting a more than four-month high, non-US currencies under pressure; Bitcoin is unstoppable, aiming for the milestone of 0.1 million US dollars before the end of the year; Tesla, since the election day, has seen an almost absurdly large rebound of 39%.
Milestone moment! The etf scale of bitcoin surpasses gold! Breaking through the $0.089 million mark.
After Donald Trump won the usa election, cryptos continued to rise.
Bitcoin has repeatedly hit new highs approaching $0.09 million, investors are betting on hitting $0.1 million by the end of the year.
According to Coindesk data, in the past 24 hours, Bitcoin once reached as high as $89,622.17, currently still up by 8.99% to $87,986.99. Ethereum also rose by 3.63%, trading at $3,314.51. Previously, usa President Trump's support for cryptos has driven Bitcoin to repeatedly reach new highs. Currently, options traders of Bitcoin are bullish on Bitcoin surging to $0.1 million. Data from the crypto exchange Deribit shows that investors are betting on Bitcoin reaching this goal as early as the end of this year.
Express News | Trump is looking for candidates to support cryptos for financial institutions.
Bitcoin skyrocketed to over 88,000 dollars, with traders betting it will break 100,000 dollars before the end of the year.
Bitcoin hits a new high in the "undeniable bull market", it is reported that Trump is preparing to have the US government take a more lenient stance on cryptos, he is looking for key candidates friendly to the crypto industry.
Witness history! Bitcoin breaks through $89,000, cryptos concept stocks soar across the board.
Digital currencies started to surge fiercely over the weekend and continued to accelerate on Monday. The top digital currencies by market cap all skyrocketed. Ethereum and Solana both saw a cumulative increase of about 40% in the past 7 days, higher than Bitcoin's 31%. Dogecoin, supported by Musk, doubled in value over the week. Major Bitcoin holder MicroStrategy stated that it spent approximately $2.03 billion to buy around 0.0272 million bitcoins, marking the largest purchase since December 2020. Blackrock's Bitcoin ETF IBIT has an asset under management exceeding one of the largest gold ETFs, IAU.
What will be the direction of cryptocurrency regulation when Trump takes office soon?
Splurging 0.24 billion US dollars, the cryptocurrency industry 'buys out' Congress.
Sorting out the investment logic of mainstream currencies in recent times.
Since Trump won the USA election, the regulatory ceiling on the cryptocurrency industry has been lifted, how high can this round of market rise to?
CoinsWin: Bitcoin hits new highs during holidays, causing concerns. ethereum bubble may trigger a crash crisis.
CoinsWin: Bitcoin hits new highs during holidays, causing concerns. ethereum bubble may trigger a crash crisis.
BTC/USD Outlook: Bitcoin Hits Series of New Record Highs on the Way Towards 90K Target
[Bitop Market Watch] Bitcoin's V breakthrough surpasses $81,500 to hit a new high, with 'long and short double kills' causing over 0.21 million people to be liquidated.
[Bitop Market Watch] Bitcoin V breaks through $81,500 again to hit a new high, while Ethereum tests $3,250, with over 0.21 million people liquidated in 'long and short double killing'.
Cryptocurrency Academic: There is an opportunity for ethereum to rebound again after a short-term pullback on 11.11. Refer to the latest market analysis.
Trading is not about shorting against the big bullish candlesticks or bottom fishing against the big bearish candlesticks. This chasing highs and selling lows is destined to be abandoned by the market. Trading should be following the trend as the king, you should carefully consider it.