Bitcoin Tops $65K, Inches Closer to Lifetime Peak
Markets
Bitcoin {{BTC}} crossed the $65,000 mark in European morning hours on Monday, inching closer to its lifetime time peak of $69,000 set in November 2021.
BTC added over 6% in the past 24 hours. The CD20, a broad-based liquid index of various tokens, was up 5.6% in the same period.
Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders previously told CoinDesk.
Related news
Markets
Apr. 26, 2024
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The Japanese yen fell Friday to its weakest level against the U.S. dollar since 1990. Bitcoin remained flat around $64,000 as some altcoins slid lower. Intervention may follow soon if yen devaluation continues, Lekker Capital's Quinn Thompson ...
Markets
Apr. 26, 2024
NEAR and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
CoinDesk Indices ( CDI ) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index ( CD20 ) and the broad CoinDesk Market Index ( CMI ). The majority of assets within the Index ...
Markets
Apr. 26, 2024
First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices Top Stories Bitcoin (B...
Markets
Apr. 26, 2024
ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares
ARK bought over 4 million BITO shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came. Following consistent sales in January, ARK has sold the ...
Markets
Apr. 26, 2024
Bitcoin Stable Above $64K While ETF Outflows Hit $200M
BTC is trading above $64K even as outflows accelerate. The correlation between ETF outflows and BTC’s price is weakening. Bitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin e...
Markets
Apr. 25, 2024
Kara Swisher Downplays Crypto's Significance: 'It's Not the Center of Everything'
Tech journalist and author Kara Swisher downplayed crypto's transformative potential, comparing it to a minor eruption versus the internet's major explosion. Swisher criticized crypto's hype and "scammery," predicting digital assets will settle...
