Bitcoin’s price has surged 8% from its low of $76,703 on March 11, thanks in part to large investors buying in with leverage. Notably, margin long positions on Bitfinex have reached their highest level since November 2024, indicating strong confidence in Bitcoin’s potential for growth. Analysts suggest that Bitcoin often rises when central banks increase ...
Bitcoin’s price has increased by 8% since March 11, partly due to large investors buying in with leverage, pushing margin positions on Bitfinex to their highest since November 2024. Currently, these long positions stand at $5.7 billion, indicating strong investor confidence despite recent price losses. Some analysts suggest a close link between Bitcoin’s price and ...
Bitcoin’s price rose above $84,000 on Wednesday, driven by new U.S. inflation data showing a lower-than-expected rise of 2.8% in February. This eased concerns over the Federal Reserve’s potential rate hikes. The report revealed that core inflation increased by 3.1%, slightly down from January’s 3.3%. Overall, the positive data boosted investor confidence, leading to gains ...
On Wednesday, the euro reached a five-month high, boosted by Ukraine’s willingness to accept a ceasefire. European equity futures rose, with the Euro Stoxx 50 and FTSE futures up 1.1% and 0.5%, respectively. Meanwhile, the U.S. implemented steel and aluminum tariffs, prompting counteractions from Europe. Investor anxiety over the U.S. economy led to a significant ...
Nvidia, Super Micro Computer, and Dell saw a drop in their shares after Singapore announced an investigation into server shipments involving banned chips from China. In the cryptocurrency world, Bitcoin’s price fell dramatically by $10,000 in one day, largely influenced by President Donald Trump’s new proposal for a strategic crypto reserve, which now includes Bitcoin, ...
Bitcoin has faced challenges staying above $90,000 since dropping below $95,000 on February 24, experiencing significant price fluctuations recently. Its realized volatility hit its highest level since Q3 2024. Analysts are closely watching the US dollar’s decline, with some suggesting it could lead to new Bitcoin highs. James Coutts, a crypto analyst, highlighted that when ...
CleanSpark, Inc. is a leading bitcoin mining company operating data centers across the United States, including locations in Georgia, Mississippi, Tennessee, and Wyoming. With a total contracted power capacity of approximately 853 megawatts, CleanSpark focuses on efficiently securing and supporting the bitcoin network. As of March 5, 2025, the company reported a significant 10.18% increase ...
With the Trump administration tightening customs controls, the cryptocurrency Market is experiencing significant turmoil. This has led to a sharp decline in prices, with Bitcoin dropping nearly 10% and Ether falling about 15%. The surge in tariffs on imports from Canada, Mexico, and China has caused panic among investors, raising doubts about whether cryptocurrencies can ...
Bitcoin has surged back above $92,000, reigniting interest in the cryptocurrency Market. This resurgence follows Donald Trump’s announcement of a U.S. multi-coin crypto reserve, boosting investor confidence in digital assets. Crypto stocks have also rallied, with companies like MicroStrategy and Coinbase seeing significant gains. Institutional investors are seizing the moment, with Metaplanet purchasing an additional ...
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, ...
