Why is Bitcoin suddenly rallying?
Source Cryptopolitan
-
Bitcoin jumped toward $73,000 after a sharp rebound from about $63,000, which it hit after the weekend US and Israeli strikes on Iran.
-
ETF money is helping drive the rally, with US spot Bitcoin ETFs taking in more than $680 million over the past two days.
-
Risk mood improved as stocks climbed and oil stayed steady on signs the Iran conflict could be shorter than people feared, which helped crypto catch a bid.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Chainlink connects $5B cbBTC to Monad via CCIP, expanding cross-chain Bitcoin liquidity accessChainlink expanded its cross-chain infrastructure after integrating Coinbase’s wrapped Bitcoin token, cbBTC, with the Monad blockchain through its Cross-Chain Interoperability Protocol (CCIP). The connection enables more than $5 billion in cbBTC supply to be accessible to decentralized finance (DeFi) applications operating on Monad. The move strengthens Chainlink’s position in cross-chain and institutional infrastructure. cbBTC goes […]
Chainlink expanded its cross-chain infrastructure after integrating Coinbase’s wrapped Bitcoin token, cbBTC, with the Monad blockchain through its Cross-Chain Interoperability Protocol (CCIP). The connection enables more than $5 billion in cbBTC supply to be accessible to decentralized finance (DeFi) applications operating on Monad. The move strengthens Chainlink’s position in cross-chain and institutional infrastructure. cbBTC goes […]
The Commodity Futures Trading Commission (CFTC) plans to allow U.S. crypto perpetual futures within weeks.
Israel and the United States have launched a joint attack on Iran, one that has an unclear expiry date and that has already caused reverberations across the rest of the Middle East. Though Israel’s in
MARA Holdings has formally rewritten its Bitcoin playbook, expanding its treasury policy to permit sales of Bitcoin held directly on its balance sheet.It raises questions about whether Strategy (Micro
Solana (SOL) has been facing a period of consolidation, with its price fluctuating between $87 and $77 in recent weeks. However, recent developments in the market suggest that the cryptocurrency could
