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Summary:Institutional demand for Bitcoin is rising as CME BTC Futures are now ranked secondThe open interest of the CME Bitcoin futures eclipses that of Binance, Bitmex and even BybitThis is a sign of continual institutional interest in Bitcoin Outside of futures platforms, 785,999 BTC is currently held by publicly traded companiesThe
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Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off.Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours.Bitcoin’s 24-hour range: $12,731.06-$13,192.25.Bitcoin’s price had a minor pullback Friday after hitting fresh new 2020 highs that put it
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Bitcoin stays in bull mode but on lower volume while the amount of ether locked in DeFi falls.Bitcoin (BTC) trading around $13,103 as of 20:00 UTC (4 p.m. ET). Gaining 3% over the previous 24 hours.Bitcoin’s 24-hour range: $12,685-$13,232BTC above its 10-day and 50-day moving averages, a bullish signal for
Read MoreBitcoin price has seen a healthy upward tick toward the $13,000 mark in the fourth quarter. At the start of the quarter, Bitcoin (BTC) was in the sub-$11,000 region, and from there, constant rises took the price to the $13,000 mark on Oct. 21 for the first time this year.The
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Bitcoin blows past its previous 2020 high while ether’s crypto market share dips from its 2020 high in September.Bitcoin (BTC) trading around $12,709 as of 20:00 UTC (4 p.m. ET). Gaining 6.4% over the previous 24 hours.Bitcoin’s 24-hour range: $11,863-$12,916BTC above its 10-day and 50-day moving averages, a bullish signal
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MicroStrategy CEO Michael Saylor strongly criticized widely distributed bitcoin markets data as “garbage” and said it severely misrepresents of his own experience with the market’s real liquidity after investing in bitcoin. In a live interview Tuesday with Hedgeye CEO Keith McCullough, Saylor said bitcoin volume is being reported at a wildly
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Bitcoin’s price passed $12,000 for the first time since September as Ethereum fees dipped.Bitcoin (BTC) trading around $11,910 as of 20:00 UTC (4 p.m. ET). Gaining 1.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,673-$12,058BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading on
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The price of Bitcoin (BTC) had to hold the crucial support level between $11,100-11,300, and it did. After this support test, the price of BTC continued to surge upward on Oct. 20, reaching the crucial resistance area between $11,900-12,200.This upward move came along with weakness in the dollar, as the
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Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September.Bitcoin (BTC) trading around $11,689 as of 20:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,409-$11,839BTC above its 10-day and 50-day moving averages,
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Ethereum’s price is moving higher today alongside that of Bitcoin and the rest of the crypto market. This latest
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