The U.S. Treasury Market is seeing its highest volatility in four months, which could affect the anticipated recovery in bitcoin prices. February’s inflation data showed softer-than-expected results, leading some analysts to predict that bitcoin could rise to $90,000 or more, up from its current $82,000. However, this potential upswing might progress slowly due to increased ...
On February 28, US spot Bitcoin exchange-traded funds (ETFs) saw a notable inflow of $94.3 million, ending eight consecutive days of outflows as Bitcoin’s price made a partial recovery towards $85,000. The ARK 21Shares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund led the inflows, contributing $193.7 million and $176 million, respectively. Despite this recovery, ...
Bitcoin’s price has shown signs of recovery, trading around $97,800 after hitting a low of $91,231 last week. Data reveals that 14,000 long-dormant Bitcoins were moved recently, mirroring levels seen during the FTX collapse. Analyst Nick Forster noted that the likelihood of Bitcoin reaching $200,000 by the end of 2025 has risen to 12%. However, ...
