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“# Data show bulls are in charge of this month’s $3.2B Bitcoin options expiry ” After a 160% increase over the past 3 months, the open interest on Bitcoin (BTC) options reached a new record-high at $12 billion. While this number might seem unusually high, it makes sense that the figure would increase as Bitcoin’s…
“# Price analysis 2/19: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM ” Bitcoin (BTC) price finally reached a $1 trillion market capitalization on Feb.19, which is an important milestone because as BTC gains size, the digital asset will continue to attract new institutional investors who will consider allocating a portion to their portfolios….
“# Bitcoin price hits $54K, reaching a $1T market cap faster than Amazon and Google ” Within the last hour, Bitcoin’s market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high…
“# Bitcoin’s market cap breaks $1 trillion after tripling in three months ” Bitcoin has rallied into new all-time highs above $53,700, pushing its market cap above $1 trillion for the first time. Bitcoin’s late 2020 rally appeared to be sparked by an unprecedented wave of demand from institutions and billionaires, with the trend set…
“# Bitcoin accelerates towards $1T market cap as price hits new all-time high ” Bitcoin (BTC) hit yet another all-time high on Feb. 19 as the largest cryptocurrency set its sights on becoming a trillion-dollar asset. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Another day, another Bitcoin record Data from Cointelegraph Markets and Tradingview showed BTC/USD…
“# Altcoins breakout to new highs while Bitcoin price retests a key support ” Bullishness in the cryptocurrency market continued on Feb. 18 as Bitcoin (BTC) trades near $51,000 and Ether (ETH) is within reach of the $2,000 level for the first time as retail traders remain long while pro traders are less optimistic in…
“# Bobby Lee standing by prediction for massive BTC peak in December ” Crypto expert Bobby Lee’s early predictions on the price of Bitcoin have proven to be quite accurate during the latest bull run. In a tweet from December 2018, the Ballet crypto wallet CEO and founder said that the next Bitcoin (BTC) rally…
“# Bitcoin trader explains why BTC outperforming Ethereum is just ‘simple math’ ” Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is “simple math” given the growing institutional demand for BTC. BTC…
“# ‘Insane’ Bitcoin price consolidation means $48K is the new BTC support level ” Bitcoin (BTC) has seen “unreal” price consolidation since the start of February 2021 — and fundamental support is now at $48,000. According to on-chain monitoring resource Glassnode, the second month of the year has been a formative period for Bitcoin like…
“# Bitcoin whales continue to accumulate despite BTC price holding above $50K ” The number of whale addresses holding Bitcoin (BTC) have hit a new all-time high, the latest data shows. This can be considered bullish, particularly as the price of BTC is showing staying power above $50,000. The increase in the number of whales…