Bitcoin News

Spot Bitcoin ETFs have seen significant inflows this week, with around $1.24 billion invested as markets recover.

A leading analyst who accurately forecasted Bitcoin’s lowest price in 2022 now believes Bitcoin’s bearish pressures have been fully exhausted.

Bitcoin (BTC), with a market cap around $1.3 trillion, stands as the top cryptocurrency, favored by both individual and institutional investors.

With the world’s progress in the digital age, the dependence on technology is becoming more and more obvious. Digital tools and platforms now play a crucial role in everything from communication to business operations.

Hunter Horsley, CEO of Bitwise Invest, has announced that a major U.S. bank is making a substantial commitment to Bitwise’s spot Bitcoin ETF, along with other crypto-focused ETFs.

In a report released on July 18th, ARK Invest analyzed Bitcoin’s performance in June, noting a significant drop after a large sell-off by German authorities. The report claims Bitcoin was oversold during this period.

Analyst Benjamin Cowen suggests that the likelihood of Bitcoin (BTC) experiencing a significant increase will grow if it can surpass a crucial moving average on the weekly chart.