Biggest US dollar gains ever — 5 Things to know in Bitcoin this week
Bitcoin is rewarding hodlers like never before as BTC price action trades just inches from $100,000 for a second week.
Auto Added by WPeMatico
Bitcoin is rewarding hodlers like never before as BTC price action trades just inches from $100,000 for a second week.
US-based spot Bitcoin ETFs saw $6.46 billion inflows in November, led by BlackRock, as BTC recorded a 45% price rally.
Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader.
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin.
Bitcoin’s strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term.
According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges.
Bitcoin has nailed something never seen before — $26,400 BTC price upside in a single monthly candle.
Bitcoin has just entered the “sweet spot” of the next BTC price bull market, Fundstrat’s Tom Lee says.
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
Samson Mow reveals why Bitcoin’s $100,000 milestone could spark explosive growth and lead to “hyperbitcoinization.”
