Bitcoin surpassed $73,000, reaching its highest value in recent weeks, driven by increasing resilience in the cryptocurrency markets and strong capital inflows into US spot Bitcoin ETFs. Despite geopolitical tensions in the Middle East, optimism in the market has increased demand for digital assets. According to market data, Bitcoin rose approximately 8% during the day,
One of America’s biggest banks, Morgan Stanley, has upped the ante in its push to launch a spot Bitcoin ETF product. As of March 4, the firm has filed an amendment to its earlier Form S-1, naming its latest custody partners. Morgan Stanley joins Bitcoin ETF bandwagon The banking giant first filed for the Morgan
Bitcoin, the first and largest cryptocurrency by market capitalization rose above $71,000 on Wednesday, gaining more than 9% in 24 hours and leading broad advances in major cryptocurrencies. Crypto markets rebounded on Wednesday, recovering from a prior sell-off and shaking off earlier pain in other asset classes. Bitcoin rallied nearly 9% to reach $71,928, its
Institutional adoption of Bitcoin proxy stocks continues to accelerate at a breakneck pace. According to a recent filing, legacy wealth manager Rockefeller Capital Management, which oversees a massive $198 billion in assets, has aggressively expanded its position in the Bitcoin treasury company Strategy Inc. (MSTR). The firm increased its holdings by a rather impressive 146%.
Bitcoin climbed over the past 24 hours, raising a question across the market: how high can Bitcoin go this week? Bitcoin is currently trading near $71,370, up about 6.35% in the last 24 hours. The rally appears to be driven mainly by activity in derivatives markets, where a large number of bearish bets were suddenly
Following a period of exceptional volatility that has only been exacerbated by escalating geopolitical tensions, Bitcoin ($BTC) managed a surprise rally between March 3 and press time on March 4. Indeed, after threatening a collapse to and under $60,000 less than a week earlier and failing to decisively break above $67,000 for weeks, the world’s
Bitcoin’s “air pocket” is once again coming into focus as the largest cryptocurrency by market capitalization rose on Wednesday to just below $72,000. The air pocket refers to a thin area of supply between $72,000 and $80,000, where relatively few coins last changed hands, according to data from Glassnode. Roughly just 1% of the circulating
Bitcoin rebounds after recent weakness, with improving momentum, and an analyst predicting a potential breakout. The daily chart shows Bitcoin ($BTC) trading around $69,188, posting a 1.9% gain over the past 24 hours after recovering from an earlier dip near $66,300. The price initially declined during the session but quickly stabilized as buyers stepped in,
DDC Enterprise has increased its $BTC holdings to 2,183 coins alongside record guidance. Summary DDC Enterprise now holds 2,183 $BTC after adding 65 $BTC during the latest treasury allocation round. The company guided for 2025 revenue of $39m to $41m, up sharply from prior periods. $BTC traded near $72k with 7% daily gains, as on-chain