Bitcoin, Crypto and Price Boom
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Bitcoin's price is hovering around $108,750 after reaching an all-time high of $111,891 this week. See what's next for BTC over the holiday weekend.
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Bitcoin (BTC) price recently hit a new all-time high of $111,800, but the bullish momentum may slow down as onchain data from Glassnode reveals significant profit-taking by short-term holders (STHs),
Historical data shows that XRP often mirrors Bitcoin’s bullish momentum. With amplified gains during altcoin seasons, how high could XRP price go if
Bitcoin prices jumped 1.5% Wednesday to an all-time high of $108,671.62. The cryptocurrency has been climbing since a recent low set in early April, when investors were selling all types of risky assets during the height of President Trump's trade war.
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Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating. Funding rates and other metrics suggest a “healthy upward phase.”
On May 22, Bitcoin (CRYPTO: BTC) hit a new all-time high of nearly $112,000. With a total market cap of $2.2 trillion, it now ranks as one of the five most valuable assets in the world, trailing only Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and gold.
If interest rates stabilize or decline, investor appetite for risk-on assets like BTC could rebound. The Fear & Greed Index shows extreme fear, which historically has preceded price rebounds ...
Bitcoin joins risk assets in a knee-jerk reaction to the latest instalment of the US trade war, this time focused on the EU. BTC price action dives up to 4% before recovering with $110,000 now a resistance level. Traders demand that price holds higher levels going forward to protect bullish momentum.
US spot Bitcoin ETFs have recorded a surge in demand, pulling in $2.75 billion in inflows this week as Bitcoin broke past its all-time high.