Global #Bitcoin's price

BlackRock’s iShares Bitcoin Trust (IBIT) continues to capture investor attention, ending Wednesday with over $317 million in net inflows. This comes at a time when many competing ETFs struggle to sustain positive momentum.

Bitcoin's price has experienced a temporary decline after reaching a new high of $69,000 last week. While analysts predict further downward movement, they also highlight potential support levels that could signal a healthy pullback before a resumption of the uptrend.

The recent surge in Bitcoin's price has captured the attention of investors and experts alike. On October 11, Bitcoin (BTC) was priced at $60,318, and within just five days, it skyrocketed to a monthly peak of $67,071, marking an impressive growth of 11.19%.

Bitcoin's price has experienced a significant uptick following the reopening of Asian stock markets, primarily driven by China's positive economic outlook and stimulus measures.

The MOVE index, or the U.S. Bond Market Option Volatility Estimate Index, has garnered attention for its potential to anticipate movements in Bitcoin's price, though its predictive power is nuanced and not foolproof.

The cryptocurrency market is on edge as investors await the release of the Federal Open Market Committee (FOMC) minutes at 2:00 p.m. EDT.

As we enter the fourth quarter of 2024, Bitcoin (BTC) options activity is gaining momentum, reflecting a growing risk-on sentiment among traders. The arrival of October brings renewed excitement within the Bitcoin community, marking a time historically known for price rallies—popularly dubbed "Uptober."

In a fascinating development for the cryptocurrency community, an ancient Bitcoin wallet has been activated after more than 13 years of dormancy.

In the past 24 hours, Bitcoin (BTC) has experienced a notable surge of approximately 5%, pushing its price to retest the significant $61,000 mark.

In a dramatic turn of events, Bitcoin experienced a significant drop to $58,500 following news of a second assassination attempt on former U.S. President and current presidential candidate, Donald Trump.

Despite a recent decline in Bitcoin's price, long-term investors are making a notable move by withdrawing significant amounts of Bitcoin from exchanges.

Bitcoin's price has dropped nearly 2% in the past 24 hours, settling around $62,758. This decline comes despite a substantial inflow of $202.5 million into Bitcoin ETFs as of August 26.