Here’s How High The Bitcoin Price Would Be If It Catches Up With The Stock Market
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to…
XRP ETF Launch Could See $5B Inflows, Outpacing Ethereum ETFs: CEO
Optimism is running high among supporters of XRP as Canary Capital CEO Steve McClurg claimed that the long-awaited XRP spot ETFs could see inflows of $5 billion in their first month. His comments, shared during a Friday interview, highlighted his belief that the funds would even outperform Ethereum ETFs, which have so far struggled to…
Ghost Town Vibes: Bitcoin Soars On ETFs, Not Users – Expert
Bitcoin this week reclaimed the $94,000 region, but the party may be lacking one key ingredient: real users. The cryptocurrency network is “like a ghost town” even with the record price increase, a crypto expert said. Bitcoin Surges In Price—Yet Network Remains Eerily Quiet A recent report by CryptoQuant analyst Maartunn shows a dramatic disconnect…
Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet
The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be…