Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
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The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Data from CoinGecko shows the AI token category was up 25% on average in the past 24 hours, compared to bitcoin’s 0.3% increase.
Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.
Bitcoin’s sharp rebound from Tuesday’s plunge indicates a start of a new rally targeting $76,000, Swissblock said.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko.
Some meme coins are surging in anticipation of more exchange listings in the coming months.