Bitcoin Surges to $120K Triggers $400M Liquidations
Bitcoin surged past $120K, its highest since August, causing $400M in liquidations led by $BTC and $ETH. October’s historical 21% gains boost bullish sentiment. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin surged past $120K, its highest since August, causing $400M in liquidations led by $BTC and $ETH. October’s historical 21% gains boost bullish sentiment. #Update #Crypto $BTC
Billionaire Ray Dalio calls Bitcoin an “alternative money” amid its rally past $120K, as profit-taking exceeds $3.7B, signaling strong investor interest. #Update #Crypto $BTC
@MicroStrategy’s Bitcoin holdings reach $77.4B, surpassing several major banks and equivalent to the GDP of nations, as it accumulates 11,085 BTC recently. #Update #Crypto $BTC
Bitcoin demand has surged since July, with a monthly increase of 62,000 BTC, driven by whales and ETFs. A decisive move above $116,000 could signal a bullish phase and potential prices between $160,000 to $200,000. #Update #Crypto $BTC
Bitcoin’s price surpasses $120,000, nearing a record high amid expectations of Federal Reserve rate cuts. Analysts predict potential highs of $140,000 by 2026. #Update #Crypto $BTC
New York bill S.8518 proposes taxing proof-of-work crypto mining like $BTC to fund state energy relief, targeting high electricity use and encouraging renewable energy. #Update #Legal $BTC
Swedish MPs propose a national Bitcoin reserve managed by Riksbank, emphasizing Bitcoin’s potential for inflation protection and liquidity, likening it to digital gold. #Update #Crypto $BTC
Bitcoin $BTC surged above $120,000 for the first time since mid-August, driven by bullish sentiment and record high BTC futures open interest at $32.6 billion. #Update #Crypto $BTC
New York lawmakers propose Senate Bill S8518 to tax Bitcoin miners for high electricity use, benefiting low-income households; sustainable energy users exempt. #Update #Legal $BTC
Bitcoin nears ATH at $124,128 as Binance data shows BTC’s Sharpe-like ratio at 0.18, indicating a balanced risk-reward environment. Current price: $118,788. #Update #Crypto $BTC
Bitcoin’s odds of reaching $125K surged to 81% as it hit $121K, while Solana’s potential new all-time high is debated amid ETF anticipation. #Update #Crypto $BTC
@JPMorgan reports Bitcoin ($BTC) is undervalued, potentially rising to $165,000 with a 42% upside as ETF inflows hit $675.8M. BTC’s volatility vs gold drops below 2.0, enhancing its appeal. #Update #Crypto $BTC
Melania Trump’s meme coin, $MELANIA, surged 7% after her promotion but remains 99% below its peak amid controversy over $30M in team sales. #Update #Crypto
Bitcoin ETFs saw $676M inflows, while ether ETFs gained $81M, highlighting renewed institutional interest. #Update #Crypto $BTC