Bitcoin Market Cap Nears Gold Milestone
@GalaxyResearch predicts $BTC to surpass $150,000 in 2025, potentially reaching $185,000 in Q4, with market cap hitting 20% of gold’s. #Update #Crypto @GalaxyResearch ↗ (+3)
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@GalaxyResearch predicts $BTC to surpass $150,000 in 2025, potentially reaching $185,000 in Q4, with market cap hitting 20% of gold’s. #Update #Crypto @GalaxyResearch ↗ (+3)
Spot Bitcoin ETFs saw $387.54M outflow, largest since September, while Ethereum ETFs gained $349.17M, highlighting contrasting investor sentiment and market dynamics. #Update #ETF @Fidelity ↘ -3
Bitcoin struggles to maintain monthly support, but underlying $BTC metrics suggest bullish confidence. #Update #Crypto @Cointelegraph → 0
BTC dips to $91K before rebounding; @GalaxyDigital CEO sees $100k as start. MicroStrategy buys $5.4bn BTC. Trump plans tariffs. UK to regulate crypto. El Salvador may rent volcanoes for mining. #Update #Crypto @MicroStrategy ↗ +8
El Salvador continues its Bitcoin buying spree despite International Monetary Fund (IMF) concerns, while Argentina’s judiciary orders the freezing of $USDT assets for the first time, signaling increased regulatory scrutiny in Latin America. #Update #Crypto @IMFNews → 0
$BTC recovers post-$600M liquidations; options suggest 50% chance for $100K in 2024; Brazil proposes $18B BTC reserve; Tornado Cash avoids U.S. sanctions; Bitwise files BTC & ETH ETP. #Update #Crypto @BitwiseInvest ↗ +6
Crypto prices today show $BTC falling to $93,400, with altcoins like $XRP and $SOL also declining amid market pressure; @FTX_Official’s $FTT surged 10% following claims processing news. #Update #Crypto @CoinGapeMedia → 0
Long-term $ETH holders have outperformed $BTC holders in 2024, demonstrating stronger retention despite market fluctuations. #Update #Crypto @Cointelegraph ↗ (+3)
El Salvador has increased its Bitcoin holdings to 6,000 BTC, now valued at over $570 million, despite an agreement with the International Monetary Fund (IMF) to scale back purchases. #Update #Crypto @nayibbukele ↗ +5
El Salvador’s Vice President Félix Ulloa emphasized bitcoin’s role in economic growth during talks with China’s Ambassador Zhang Yanhui, highlighting Chinese cooperation in digital infrastructure projects. #Update #Crypto @ElSalvadorGov ↗ (+3)
President-elect Donald Trump’s proposed US Bitcoin Strategic Reserve faces skepticism from @CryptoQuant CEO Ki Young Ju, who doubts its feasibility given the US dollar’s dominance and current economic strength; $BTC trades at $94,525. #Update #Crypto @CryptoQuant → 0
Bitcoin dips below $94K as market analysts, including Arthur Hayes, warn of short-term corrections before a new all-time high. #Update #Crypto @Cointelegraph ↘ (-3)
Donald Trump’s presidency could significantly impact crypto with potential regulatory shifts, including repealing SEC’s SAB 121, which may unlock substantial TradFi capital for $BTC and $ETH. #Update #Crypto @DecryptMedia ↗ (+6)
@MicroStrategy holds 444,262 $BTC, valued at $41.4B, as co-founder Michael Saylor hints at another purchase. #Breaking #Crypto @Saylor ↗ (+8)