Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
Some 30% of respondents expect Solana to tap $600 in 2025, according to a survey by MV Capital.
Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total joint lifetime net inflows of over $22 billion.
Is the crypto market primed to rebound? Santiment believes several words uttered on social media could hold the answer.
Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.”
Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off.
With Germany’s “forced selling” over and Mt. Gox repayments all but priced in, analysts look to an easing macro environment as a driver for Bitcoin’s price in the coming months.
Leverage traders are nursing losses of over $165 million as the price of Bitcoin tumbled 5%.
Bitcoin last traded above $50,000 in December 2021 — more than two years ago. The crypto market looks very different this time around.