In brief Bitcoin hit a new all-time high of $118,667 on Friday, with the record nearly $7,000 higher than before this week. Still, it may now climb slower compared to previous bull runs. This is due to the growing options market. Bitcoin ETFs also play a role, with the funds seeing over $1 billion worth of inflows on both Thursday …
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XRP Price Spike Outpaces Bitcoin as Open Interest Nears 6-Month High
In brief XRP is the best performing altcoin right now in the top 10 cryptocurrencies in terms of 24-hour percentage gains. The coin’s open interest is also near its January record, rising near a six-month high on Friday. XRP remains 18% shy of its 2018 all-time high price mark after coming close to matching it in January. As Bitcoin breaks …
Read More »Dollar strengthens against peers as Trump rekindles trade tensions; bitcoin hits record high – Reuters
Dollar strengthens against peers as Trump rekindles trade tensions; bitcoin hits record high Reuters Dollar Has Best Week Since February on Tariff Inflation Risks Bloomberg FX markets learn to live with tariff uncertainty ING Think The USD moves higher as Trump tariff inflation risk increases TradingView Trump’s latest tariff talk is doing something interesting to the dollar MarketWatch Source link
Read More »Bitcoin Hits ATH as Dozens of Treasuries Bloom
This week, bitcoin hit a new all-time-high (above $118K) on the back of strong ETF flows and at least $280 million in new bitcoin treasury investments. Treasury projects are also cropping up for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink ETH treasury bought 10,000 ETH for that project, and Bitmine announced plans to raise $2 billion for more ETH buying. …
Read More »Coinbase, Strategy, Other Bitcoin and Crypto Stocks Soar in Record-Setting Week
In brief Bitcoin hit new highs on Thursday and Friday. Coinbase, major miners, and a number of Nasdaq-listed crypto companies also shot up. BlackRock’s spot Bitcoin exchange-traded fund hit a record high during the week. The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull …
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