Bitcoin
Why Bitcoin is up 1.7% today
Analysis
Bitcoin rose 1.7% over the past 24 hours as ETF-related headlines and improving macro sentiment supported risk appetite. CryptoNews reported Trump Media filed for crypto ETFs tied to Bitcoin and other assets, which likely boosted expectations of broader ETF access and demand.
Contributing Factors (3)
Is Trump Media Good for Crypto After All? Files for Bitcoin, Ether, and Cronos ETFs
Trump Media Files for Bitcoin, Ether and Cronos ETFs with SEC The post Is Trump Media Good for Crypto After All? Files for Bitcoin, Ether, and Cronos ETFs appeared first on Cryptonews.
Bitcoin stays defensive below $70,000 as shallow demand limits upside, analysts say
Analysts expect bitcoin to continue to range between $60,000 and $72,000 as overhead supply and institutional outflows cap rallies.
Bitcoin holders are being tested as inflation fades: Pompliano
Bitcoin will become “more valuable than ever” after deflation stops covering “up the impact" on the US dollar, according to Bitcoin entrepreneur Anthony Pompliano.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.