2022-10-4 08:00 |
Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November. origin »
|
This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.
2018-11-30 01:45 | |
|
|
IBIT now holds over 700,000 BTC, valued at approximately $75. 5 billion at current prices. Since launching in January 2024, IBIT has become the dominant US spot Bitcoin ETF. It now accounts for over 55% of total BTC held across all US spot Bitcoin ETFs, according to data from Bitbo.