BTC
2024 - 2 - 29Bitcoin Madness: Prices Soar and Platforms Crash
Bitcoin price African nations - Bitcoin - Coinbase - Crypto market - Cryptocurrency - Digital assets - ETFs - Investment - Bitcoin priceBitcoin price hits $63K and platforms struggle with the frenzy - read more!
Bitcoin mania is back, with the price of the popular cryptocurrency soaring to new heights. Recently, Bitcoin crossed the $60,000 mark, reaching levels not seen since 2021. The surge in price led to chaos on crypto trading platform Coinbase, as the influx of users caused disruptions, including displays of zero balances in accounts.
As the price continued its upward trajectory, Bitcoin briefly touched $64,000, stirring excitement in the cryptocurrency community. The optimism around spot Bitcoin exchange-traded funds (ETFs) and the upcoming halving event fueled market sentiment, according to a report by Grayscale. Major crypto-related stocks also experienced a boost in value as Bitcoin surpassed $63,000.
However, the rapid rise in price was not without its setbacks. Bitcoin fell back below $60,000 after a remarkable rally that saw it approaching $64,000. Analysts attributed this decline to profit-taking by investors, highlighting the volatile nature of the cryptocurrency market.
In a surprising turn of events, financial pundit Jim Cramer weighed in on Bitcoin as it surged past $63,000. Cramer's rhetoric added another layer of intrigue to the Bitcoin frenzy, emphasizing its status as the largest cryptocurrency in terms of market capitalization.
As the world's largest cryptocurrency, Bitcoin is once again within striking distance of its all-time high, prompting investors to turn increasingly bullish on its potential. Additionally, Strike, a Bitcoin-focused payments application, has expanded its services to seven African countries, showcasing the growing adoption of Bitcoin in the region.
Bitcoin price tops $60000 for first time since 2021 (Financial Times)
Crypto trading platform Coinbase blamed traffic that was 10 times normal for disruptions to some users, including displays of a zero balance in their accounts.
Bitcoin surges, briefly touching $64000 for the first time since ... (CNBC)
Bitcoin continued its surge on Wednesday, shooting above $63,000 for the first time since November 2021. The price of the flagship cryptocurrency was last ...
Bitcoin Crosses $63K as ETF Volumes Soar and 'Halving' Nears (Investopedia)
Optimism around spot bitcoin ETFs and the upcoming halving is driving market sentiment, according to a Grayscale report. Major crypto-related stocks, such as ...
Bitcoin Tops $63K for First Time Since November 2021 (Coindesk)
Spot bitcoin ETFs are seeing massive inflows of money and BTC is crossing $1000 milestones one after another in quick succession.
Bitcoin Falls Back Below $60000 After Epic Rally (Forbes)
Bitcoin prices declined to less than $60000 this afternoon after approaching $64000. Analysts cited profit taking as being the primary cause of this ...
Bitcoin shatters $63000 as Jim Cramer posses a rhetoric on BTC ... (FXStreet)
Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any ...
Bitcoin surges to top $60000, putting it within striking distance of all ... (Yahoo Finance)
The world's largest cryptocurrency is now within striking distance of its all-time high as investors turn increasingly bullish on bitcoin.
Strike launches Bitcoin payment services in seven African nations (crypto.news)
Strike, a Bitcoin-focused payments application, has announced the launch of its services in seven African countries, signaling its expansion into the ...
Bitcoin trades near $64000 after 27 months; reasons behind the ... (Business Today)
The global crypto market cap jumped more than 8 per cent to $2.33 trillion. The total crypto market volume over the last 24 hours stood at $198.71 billion, ...
BTC/USD outlook: Bitcoin express continues to travel at a high speed (FXStreet)
Bitcoin keeps firm tone and trading just under new highest in over three years on Thursday, as steep rally extends into fourth straight day.
BTC/USD Price Exceeds $60000 Per Coin - Action Forex (Action Forex)
In mid-February, we wrote that the price of Bitcoin did not show bullish progress after exceeding the psychological level of USD 50k per Bitcoin.
'Free Money'—Bitcoin 'Godzilla' Price Rally Is Being Eclipsed By ... (Forbes)
The price of these smaller cryptocurrencies have left the bitcoin price in the dust—with some declaring them "free money"...
Bitcoin tops $61000 as it closes out the best month since 2020 (CNBC)
Sylvia Jablonski, CEO and chief investment officer at Defiance ETFs, pointed specifically to the new ETFs and the upcoming bitcoin halving. "We've seen over $2 ...
Bitcoin (BTC) ETFs Shake Up Crypto Market After Storming Wall Street (Bloomberg)
New US spot Bitcoin exchange-traded funds are shaking up the market for the original cryptocurrency after widening demand for the token and attracting more ...
Bitcoin trades above $62000 level for the first time since November ... (The Economic Times)
The world's largest cryptocurrency was last up 8.5% at $62,135, its highest since November 2021, while Ethereum rose 5.35% to $3,436, having hit another two- ...
Bitcoin ETFs Gained Record $673 Million in One Day Amid BTC Rally (Decrypt)
BlackRock's newly approved Bitcoin exchange-traded fund (ETF) continues to steal the show: the hot digital commodity received over $612 million in inflows ...
Bitcoin ETF trade volumes retreat from record level — but stay high (Blockworks)
Bitcoin funds from BlackRock, Grayscale Investments and Fidelity each notched at least $1 billion in trade volumes Thursday.
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years (Coindesk)
Bitcoin is poised to close February with a 44% gain, its largest monthly advance since December 2020. Bitcoin demand via U.S.-listed spot bitcoin ETFs is ...
First Mover Americas: BTC Volatility Spikes, Crypto Derivatives ... (Yahoo Finance)
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 29, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the ...
Spot Bitcoin ETFs record new ATH of $680M as BTC bull run ... (Cointelegraph)
iShares Bitcoin Trust recorded the highest daily inflows on Feb. 28 at $612.1 million, supported by Fidelity Wise Origin Bitcoin Fund and ARK 21Shares ...
Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players ... (Coindesk)
10 Years of Decentralizing the Future · Bitwise chief investment officer Matt Hougan expects even more demand for the spot bitcoin ETFs as larger U.S. wirehouses ...
Bitcoin Bulls Just Joining the Rally Are Very Late to the Party ... (Coindesk)
Never before has the RSI been this overbought alongside an above-$60000 bitcoin price, analysts at The Market Ear explained.
Bitcoin just printed a $20K monthly candle — Its biggest ever in USD (Cointelegraph)
Bitcoin adds the equivalent of its 2017 all-time high in a single month as BTC price gains set records.
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