Bitcoin’s outlook remains bullish despite macro setback: Grayscale
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.
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The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.
The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others.
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.
US-based spot Bitcoin ETFs saw $6.46 billion inflows in November, led by BlackRock, as BTC recorded a 45% price rally.
To confirm a potential breakout from its current crab walk, Bitcoin needs to close the week above $68,700, according to market analysts.
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16.
Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows.
