Bitcoin is having a fantastic year in 2024, skyrocketing by 130% and recently surpassing $100,000. This rally stands out due to the launch of spot Bitcoin ETFs, which have attracted significant investor interest and have accumulated $53 billion in assets. The recent surge in ETF inflows indicates strong demand, likely providing stability to Bitcoin’s price. ...
The cryptocurrency Market is rapidly expanding, valued at USD 5.08 billion in 2023 and expected to reach USD 15.39 billion by 2032, growing at a CAGR of 13.13%. Key drivers of this growth include the rise of Decentralized Finance (DeFi) and significant institutional investments from companies like Tesla and MicroStrategy. Technological advancements, such as Ethereum’s ...
Bitcoin, the world’s most popular cryptocurrency, has experienced a significant drop in its price today, falling to $64k. This drop comes as the correlation between Bitcoin and tech stocks returns to the market. As an investor or someone interested in the world of cryptocurrencies, it’s essential to understand the factors that influence Bitcoin’s price and ...
