Why has Bitcoin reached its ATH against major currencies but not USD?
Why has Bitcoin reached its ATH against major currencies but not USD?Exploring Bitcoin's performance against major fiat currencies and the reasons behind its failure to exceed the previous all-time high in US dollars.
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Why has Bitcoin reached its ATH against major currencies but not USD?Exploring Bitcoin's performance against major fiat currencies and the reasons behind its failure to exceed the previous all-time high in US dollars. α Weekly ResearchRecord high realized cap shows unprecedented economic investment in BitcoinThe Bitcoin network and its participants have never been as economically invested in BTC as as they are now. The Bitcoin market faces a critical moment amid soaring unrealized profitsSpot ETF inflows and bullish sentiment buoy Bitcoin, despite potential volatility from unrealized gains. α Top Insights
More α ResearchBitcoin’s surge to $57K did not result in liquidation storm, defying expected trendDespite Bitcoin's high flying, liquidations remain grounded — indicating a market that is cautious. Bitcoin futures and options open interest soars in FebruaryBitcoin's options tilt towards bullish calls, despite a short-term uptick in defensive puts Bitcoin network congestion eases as mempool clears in FebruaryBitcoin's mempool unclogs in February bringing a breath of fresh air to transaction processing.
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StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supply
Saturday, March 2, 2024
Kendrick believes that several catalysts will drive demand for Bitcoin to unprecedented levels, resulting in a sustained two-year rally. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
El Salvador and pro-Bitcoin businesses reaping rewards after years of skepticism
Friday, March 1, 2024
El Salvador and companies that chose to buy Bitcoin with reserves are having the last laugh as BTC approaches all-time highs before halving. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single day
Thursday, February 29, 2024
Collective net flows into Bitcoin ETFs soar to $7.4 billion, equivalent to 145000 Bitcoin. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin breaks $60k, now only 2% from highest monthly close in history
Wednesday, February 28, 2024
Bitcoin is up 20% in the past 3 days and is less than 1.94% away from its highest ever monthly with under 36 hours remaining. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Is this the Bitcoin ETF supply squeeze playing out already?
Tuesday, February 27, 2024
Bitcoin ETFs have acquired 300k BTC under management in less than 50 trading days. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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