Bitcoin News

At the time of writing, the leading cryptocurrency was trading at $73,466.

Renowned crypto expert Benjamin Cowen has issued a cautionary note regarding Bitcoin’s potential breakout above the $70,000 mark, suggesting that a key macroeconomic indicator could influence its trajectory.

Bitcoin’s adoption trajectory mirrors that of the gaming industry, with younger investors increasingly engaging with the cryptocurrency while older generations are gradually withdrawing, according to Matthew Sigel, head of digital assets research at VanEck.

U.S. spot Bitcoin exchange-traded funds (ETFs) saw a significant influx of $479.35 million in net inflows on Monday, marking the largest daily increase in two weeks.

In a recent interview on CNBC’s “Squawk Box,” Matthew Sigel, VanEck’s Head of Digital Assets Research, discussed Bitcoin’s potential impact on global trade dynamics, particularly among BRICS nations.

Bitcoin mining stocks recently soared by up to 24.4% on October 28, driven by Bitcoin’s rally past $70,000 and favorable economic conditions.

Howard Lutnick, CEO of Cantor Fitzgerald, has endorsed Donald Trump as the best candidate for America’s wealthy, praising his commitment to American workers, economic growth, and support for cryptocurrency alongside tariff implementation.