Crypto

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Bitcoin Skyrockets Above $50,000, Achieving Highest Levels in Over 2 Years

Bitcoin’s meteoric rise shows no signs of slowing down as the leading cryptocurrency soared past the $50,000 mark, marking a historic high not seen in more than two years. The surge comes as substantial funds continue to pour into US Spot Bitcoin ETFs, signaling growing investor interest in digital assets. On trading platforms like Coinbase, […]

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Bitcoin Surges Beyond $48,000, Driven by Capital Inflows into Spot Bitcoin ETF

Bitcoin prices soared past the $48,000 milestone this morning, signaling sustained capital inflows into US Spot Bitcoin Exchange-Traded Funds (ETFs). The price of Bitcoin climbed by 1% to reach $48,436, marking the seventh consecutive business day of gains and setting a new record since January 2023. Analysts noted that a resurgence above the $48,000 level

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Bitcoin Surges Towards $50,000 Amidst Rising Investor Interest

Bitcoin, the world’s leading cryptocurrency, has once again captured investor attention as it recently surpassed the $47,000 mark, signaling a potential move towards the significant milestone of $50,000. In today’s trading, Bitcoin reached $47,146.50, marking a notable 3.58% increase. The surge in Bitcoin’s price comes amidst a continuous influx of capital into US Spot Bitcoin

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Bitcoin Surges Beyond $45,000 Amid Influx of Capital into Spot Bitcoin ETF

Bitcoin’s upward trajectory shows no signs of abating as it recently surpassed the $45,000 milestone, equivalent to approximately 1,620,000 baht in today’s trading, driven by sustained capital inflows into US Spot Bitcoin ETFs. The cryptocurrency surged by 2.29%, reaching a trading value of $45,118.25. This surge follows Bitcoin’s rapid ascent past the $49,000 mark subsequent

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Bitcoin Slides Over $500 as Federal Reserve Signals No March Interest Rate Cuts

Bitcoin prices experienced a sharp decline this morning, dropping by $543, or -1.28%, reaching $41,882. The plunge came after Mr. Jerome Powell, the Chairman of the Federal Reserve (Fed), conveyed that there will be no interest rate cuts at the Fed’s March meeting. The Federal Reserve’s decision to maintain short-term interest rates at 5.25-5.50% during

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Bitcoin Records Fifth Consecutive Month of Gains with Over 2% Surge in January

Bitcoin has continued its upward trajectory, marking a fifth consecutive month of gains as it surged more than 2% in January. The cryptocurrency’s price rebounded by $246, representing a +0.57% increase, reaching $43,477 in the current market session. Throughout January, Bitcoin showcased resilience and positive momentum, further solidifying its position in the market. The notable

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Bitcoin Dips Close to $43,000 as Spot Bitcoin ETF Faces Volatility on Second Trading Day

Bitcoin experienced a significant downturn, approaching the $43,000 level in today’s trading, marking the second day since the launch of the Spot Bitcoin ETF. The digital currency recorded a 6.22% drop, trading at $43,348.50 on Coinbase. The recent volatility follows a surge in Bitcoin’s value, nearing the $49,000 mark just the day before. This surge

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Spot Bitcoin ETF Debut Marks Lively First Day of Trading with Volumes Surging to $4.6 Billion

January 11, 2024 – The inaugural trading day of the Spot Bitcoin ETF witnessed a flurry of activity, with trading volumes soaring to an impressive $4.6 billion, according to data from the London Stock Exchange Group (LSEG). This surge in trading value can be attributed to robust investor interest following the approval of Spot Bitcoin

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Bitcoin Hits $44,000 Mark on Prospect of US Spot Bitcoin ETF Approval

In a resounding surge, Bitcoin surpassed the $44,000 mark today, buoyed by anticipations surrounding a potential approval from the US Securities and Exchange Commission (SEC) for a Spot Bitcoin ETF, which may materialize as soon as today (Jan. 5). Trading on Coinbase reflected a 3.31% surge, propelling Bitcoin to $44,147.50, marking a notable climb in

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Bitcoin Dips Over 7% to $40,887, Investors Capitalize on Recent Surge

This morning, data sourced from Coinbase indicated a notable 7% decline in Bitcoin’s price, settling at $40,887.81. The slump comes as investors engage in profit-taking following Bitcoin’s recent surge past the $44,000 mark last week. The downturn in Bitcoin’s price had a ripple effect on the stocks of cryptocurrency-related companies, as profit-taking sentiments echoed across

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