Bitcoin
Why Bitcoin is up 1.1% in the last hour
Analysis
Bitcoin rose 1.1% over the past hour as traders reacted to fresh ETF-related headlines, with reports that Trump Media filed for new crypto ETFs tied to Bitcoin (and other assets), helping support near-term sentiment. BTC also drew a macro tailwind as commentary around easing inflation and its implications for Bitcoin’s valuation circulated, reinforcing the risk-on narrative.
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 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.
Trump Media files for two new crypto ETFs tied to Bitcoin, Ether, Cronos
US spot Bitcoin ETFs recorded four straight weeks of net outflows, with about $360 million withdrawn in the latest week.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.