Bitcoin
2024 - 5 - 21Bitcoin Blasts to $71K: ETF Hopes and Bullish Trends Drive Crypto Frenzy
eth -- eth etf -- ethereum Bitcoin - Bitcoin Mining - Bitcoin Price - Crypto Market - Cryptocurrency - ETF - Ether - Ethereum - Regulation - SEC - eth - eth etf - ethereum🚀 Bitcoin hits $71K and Ethereum soars! Find out the latest on the crypto market rally 🔥
Bitcoin continues its meteoric rise, hitting a staggering $71,000 amidst growing excitement over the possibility of Ether ETFs. The bullish momentum in the crypto market shows no signs of slowing down, with investors eagerly anticipating the introduction of the first U.S. exchange-traded funds holding cryptocurrencies. Prices are on an upward trajectory, fueled by renewed optimism and positive forecasts for Bitcoin and Ethereum.
In the world of volatile markets, the charts are indicating a potential breakout for Bitcoin, with experts analyzing key trends and patterns that signal a significant repricing on the horizon. The surge in Bitcoin's price has been driven by a wave of good news, with ETH skyrocketing by 19% in just 24 hours to surpass $3,700. Oklahoma's groundbreaking pro-Bitcoin legislation further adds to the positive sentiment surrounding cryptocurrencies.
As Bitcoin breaks the $71,000 mark, surpassing its highest level since April, the influx of capital into Bitcoin exchange-traded funds (ETFs) stands out as a primary driver behind this impressive rally. Speculation around the Securities and Exchange Commission (SEC) potentially approving ETFs has fueled the surge, with both Bitcoin and Ether thriving on the market. The share of Bitcoin trading during U.S. market hours has also reached a record high, showcasing the increasing dominance of cryptocurrencies in the traditional financial landscape.
In a recent development, BlackRock's Bitcoin ETF, IBIT, attracted over $66 million in net inflows, contributing to the total net inflows of Bitcoin ETFs surpassing $241 million on May 20. The positive outlook for cryptocurrencies, particularly Bitcoin and Ether, continues to gain momentum, with the market poised for further growth and advancements in the coming days.
First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build (Coindesk)
The latest price moves in crypto markets in context for May 21, 2024.
Stock Market Today: Dow Futures Little Changed; Bitcoin Extends ... (The Wall Street Journal)
A rally in crypto prices continued into Tuesday on the back of renewed investor hopes for the introduction of the first U.S. exchange-traded funds holding ...
Bullish Bitcoin Heading For Breakout: Charts You Need To See (Forbes)
In a random market, ranges or repricing can be viewed in a bipolar way: half way there or all the way there. That feels like a useless 50/50, ...
Bitcoin surges to $71000 level today; what's driving the rally? | Mint (Livemint)
The crypto market is surging as investors react to a torrent of good news. ETH has skyrocketed 19% in 24 hours to surpass $3700, while Bitcoin has crossed ...
Bitcoin: quotation and very positive forecasts (The Cryptonomist)
Yesterday, both the Bitcoin (BTC) price quote and the forecasts on its price, which returned above $70000, have become positive.
Oklahoma's Pro-Bitcoin Legislation (Coindesk)
Storm Rund of the Oklahoma Bitcoin Association joins The Mining Pod to discuss the groundbreaking Bitcoin legislation passed in the state of Oklahoma!
Cryptocurrencies Price Prediction: Bitcoin, Ondo & Shiba ... (FXStreet)
Bitcoin/ U.S. dollar (BTC/USD) trading strategy: Overall, Bitcoin is still in an uptrend.
Bitcoin breaks above $70000 and Ether soars on speculation of ETF ... (Quartz)
Bitcoin and Ether — the two top cryptocurrencies by market cap — thrived on Tuesday on speculation that the Securities and Exchange Commission (SEC) would ...
Bitcoin Surges Past $71K, Reaching Highest Level Since April (Watcher Guru)
The primary driver behind this impressive rally is the substantial influx of capital into Bitcoin exchange-traded funds [ETFs]. The significant investment in ...
Share of Bitcoin Volume During US Market Hours Surges to Record (Yahoo Finance)
(Bloomberg) -- The share of Bitcoin trading that occurs during US market hours has reached an all-time high, accounting for 46% of this year's cumulative ...
Bitcoin surges above $71000, reaches its highest level since early ... (The Statesman)
According to the reports, the Bitcoin ETFs saw total net inflows surpassing $241 million on May 20. BlackRock's Bitcoin ETF, IBIT, drew in over $66 million ...
What happens when all 21 million bitcoin are mined? (CNBCAfrica.com)
Bitcoin's finite supply is one of its proponents' favorite characteristics. Estimates suggest that all 21 million bitcoin will be mined around the year 2140 ...
Bitcoin derivatives hint at potential rally above $73K — New all-time ... (Cointelegraph)
Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise. 2329 Total views.
Bitcoin surges 10 per cent in one week (NEWS.com.au)
Bitcoin surged 10 per cent last week, pushing up the price of other cryptocurrencies such as ethereum and XRP, but it is only beginning of plans to boost ...
OP_CAT & Bitcoin Ossification With Blockstream's Andrew Poelstra (Nasdaq)
Andrew Poelstra, Head of Research, at Blockstream discusses a plan to restore abandoned script functionalities in Bitcoin.
Bitcoin Derivatives Suggest Surges Above $73K, All-Time High Next (Yahoo Finance)
Bitcoin (BTC) experienced a significant surge of 13.80% within the past 7 days, reaching $71926 on May 21.
'Opportune Moment'—Bitcoin And Ethereum Suddenly Braced For A ... (Forbes)
The bitcoin price has rocketed back over $70,000 per bitcoin, coming to within touching distance of its all-time higher, while ethereum has surged around 20% to ...
Bitcoin price today: dips to $69k, but Ether holds gains on ETF hype (Investing.com)
But warnings on sticky U.S. inflation and high-for-longer interest rates kept traders cautious towards crypto markets, and also pulled Bitcoin back from recent ...
Why Bitcoin and Ether are skyrocketing (Quartz)
Analysts are optimistic that the SEC will approve spot Ether ETFs this week, which caused both Ether and Bitcoin prices to move strongly higher on Tuesday.
Could a pending ether ETF mimic the arc of spot bitcoin ETFs? (Yahoo Finance)
Ethereum prices (ETH-USD) are jumping on the possibility that the Securities and Exchange Commission (SEC) could approve offerings for an ether ETF.
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