Bitcoin financial services firm River said its business clients are reinvesting 22% of profits into Bitcoin on average, signaling growing grassroots adoption. Of River’s client base, real estate firms have been the biggest adopters with nearly 15% reinvesting profits into Bitcoin (BTC), while hospitality, finance and software sectors are allocating between 8% and 10%, River’s
According to analytics firm Arkham Intelligence, institutions are now coming back to Bitcoin (BTC) after seemingly souring on Ethereum (ETH). On Tuesday, spot BTC exchange-traded funds (ETFs) attracted $332.8 million worth of inflows, with Boston-headquartered mutual fund Fidelity accounting for the biggest chunk of the aforementioned sum ($133 million). Surprisingly, the Fidelity Wise Origin Bitcoin
Cryptocurrency analyst Joao Wedson shared a remarkable assessment stating that Bitcoin may enter a critical period in the coming period. According to Wedson, a cyclical formation they pointed out in 2024 could be completed in October 2025, marking the end of an important phase in Bitcoin’s history. Wedson suggested that if this cycle is confirmed,
Bitcoin‘s (BTC) price climbed by 1.85% to the $111,000 price range after it earlier hit a low of $110,201.55 in the market. The uptick in price suggests that the flagship cryptocurrency might be set for a sustained bullish rally. Bitcoin technical indicators suggest room for growth CoinMarketCap data reveals that Bitcoin’s price had earlier hit
The price of Bitcoin (BTC) has fallen, but has remained above $108,000 since August 29. Bitcoin price long-term prediction: bearish Bitcoin is expected to fall further after falling below the moving average lines. Currently, the upside correction is rejected at the $112,000 level. Bitcoin will resume its positive momentum once it breaks the $112,000 level
Spot Bitcoin ETFs saw a resurgence in demand, with $332.7 million in daily net inflows, the strongest level in two weeks. Summary Spot Bitcoin ETFs see $332.7 million in daily net inflows, best since mid-August The market cap for spot Bitcoin ETFs is at $109 billion, near historic highs Renewed appetite from Bitcoin exposure comes
While Bitcoin is on a recovery path after several weeks of declining prices, some analysts believe the rally may not last. At press time, Bitcoin has notably rebounded, trading above $112,400. This comes after it dipped to $107,271 last week, one of its lowest levels since July. Amid the ongoing recovery, Benjamin Cowen, CEO of
Bitcoin has experienced a notable pullback since reaching its all-time high earlier this year. The cryptocurrency dipped below $110,000 briefly, raising concerns of sustained bearish pressure. However, current data suggests the move was more of a short-term fluctuation than the beginning of a prolonged downtrend, hinting at recovery potential. Bitcoin Is Secure Risk signals in
Bitcoin continues to test critical levels while showing signs of exhaustion at resistance. The world’s largest cryptocurrency traded at $111,018 as of press time, up 0.63% in the past 24 hours. Its market capitalization now stands above $2.21 trillion, with trading volumes surpassing $47 billion. Yet beneath the surface, technical signals and on-chain metrics highlight