The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD.
Research news
One analyst raised his price target from $245 to $300 per share on news of MicroStrategy’s bold Bitcoin buying plans.
Analysts at 10X Research predict BTC could reach $100,000 by the new year, driven by institutional interest, market signals and Bitcoin’s dominance.
Data shows the Ethereum co-founder has nabbed the highest share of “KOL mindshare” on X this week, posting about Ethereum’s roadmap and defending from Ethereum critics.
Benchmark analyst Mark Palmer has raised his price target for MSTR stock to $245 per share from $215.
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.