Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target
Bitcoin edged higher today, breaching the key $119,000 mark, after a string of steady sessions, lifting prices above recent ranges and drawing fresh attention from big investors. Related Reading: Fast And Furious: XRP’s Next Rally Predicted To Shock Markets According to Coinglass data, BTC rose about 2.50% in the last 24 hours, and is up 8% over the last seven days. Trading activity and inflows are being watched closely as traders size up the next move. Institutional Flows Drive Momentum Data shows the top crypto asset registered a second straight day of strong inflows, putting $430....
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Bitcoin is in the process of rocketing up towards $32,000, with the cryptocurrency showing some immense signs of strength as bulls target it seeing further upside The overnight breakout rally that allowed it to see this explosive move higher came as a shock, with the resistance at $30,000 being sliced through with ease The strength of this movement does bode well for bulls, as it indicates that significantly further upside could be imminent in the […]
NYDIG will enable bitcoin rewards and payment options for Houston Rockets fans and associates.
Bitcoin’s next climb could face less selling once it sails past $130,000, according to comments from Hunter Horsley, CEO of Bitwise. Related Reading: Fortune 500 Executives Are Eyeing Stablecoins Like Never Before—Study Bitcoin spent much of this week hovering near its May 22 all-time high of $111,975. At $107,880, it’s just $3,275 below that peak. […]
Ethereum has underperformed Bitcoin as BTC has pushed past $33,000 today. ETH is up 8% in the past 24 hours while BTC has gained over 11%. Despite the relative underperformance, analysts soon think that Ethereum will catch up to the leading cryptocurrency. Analysts are targeting $800 in the short term as Ethereum moves past key […]
Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the end of 2025. This new price target comes after analysts foresaw BTC hitting $150,000 earlier in May. At the time, the analysts disclosed that they anticipated about $70 billion in inflows from Spot Bitcoin ETFs between 2024....