The crypto market is up today, following a bullish performance from US equities markets and increasing traders’ demand for crypto investment products.
Bitcoin news
Bitcoin RSI is either on track to deliver a six-figure BTC price next year or “this time is different,” analysis says.
Metaplanet has already doubled its Bitcoin holdings this month across four purchases totaling over 450 Bitcoin.
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000.
Crypto exchange Coinbase and Bitcoin miners CleanSpark and IREN closed Oct. 14 with double-digit percentage gains and continued to climb after the bell.
Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining, and self-custody, according to Galaxy Research.
Bitcoin rallied to $66,300 today, but definitive proof of a structural trend change remains in question.
Bitcoin’s rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
Bitcoin bulls waste no time continuing a rebound, which has now delivered BTC price gains of over 3% for October.
Bitcoin price is up today, but the bull’s ability to hold the 200-day SMA support could determine where BTC goes next.