Global Stock News

This Week in Crypto — TradingView News

This Week in Crypto — TradingView News

This week was a rollercoaster ride for the cryptocurrency market. Bitcoin BTCUSD surged to a multi-month high, Ethereum ETHUSD is evolving beyond a blockchain and the crypto market rallied despite legislative setbacks.

Here’s a quick recap of the top stories.

Bitcoin’s Bullish Run

Bitcoin surged to a multi-month high of $87,270 on Monday before retreating below $84,000 as US bond yields climbed. Despite this, the retreat seems temporary as Bitcoin has formed strongly bullish chart patterns, and ETF inflows have surged. Spot BTC ETFs had over $134 million in assets on Friday, with BlackRock’s IBIT adding $97 million and Fidelity’s FBTC adding $49 million.

Read the full article here.

Bitcoin’s Rare Streak

Bitcoin is on track for its…

Source link

Share this article

Scroll to Top