Bitcoin tops $80k as $694m liquidation wave fuels recovery toward $85k
Key takeaways Bitcoin (BTC) climbed above $80,200 on Thursday, extending its recovery after reclaiming the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs). US spot Bitcoin ETFs recorded $74.57 million in net inflows on Wednesday, ending three consecutive days of withdrawals. BTC faces its next major…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundMore in Bitcoin
From the blog
Analyst Predicts XRP Will Surpass Bitcoin and Explains Why
Franklin Templeton executive Sandy Kaul highlights growth in decentralized identity, AI micropayments, and security. Analysts suggest XRP's utility could eventually…
Elara Winter3 min read
Prominent Analyst Predicts XRP Price Target if Bitcoin Reaches $1M
Trader Crypto Rover released ambitious long-term price targets for several major cryptocurrencies, setting a $100 objective for XRP and a…
Elara Winter3 min read
Analyst Predicts Life-Changing XRP Price Surge in Next 8 to 16 Months
Cryptocurrency YouTuber Crypto Rover predicts major price surges for Bitcoin, Ethereum, Solana, and XRP over the next 8 to 16…
Elara Winter3 min read