Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains
Bitcoin (BTC) surged over $44,000 to reach a four-week high amid increased accumulation by large holders and new all-time highs in U.S. equity indices.
Bitcoin addresses with over 1,000 BTC grew significantly in the past two weeks. [ more ]
Bitcoin price just hit $41,000 for the first time in 18 months
Bitcoin's price has risen almost 6% in the past 24 hours, breaking the $40,000 barrier for the first time since May 2022.
The rise in Bitcoin's price can be attributed to expected interest rate cuts from the Federal Reserve and the potential approval of cryptocurrency exchange-traded funds (ETFs) by the SEC. [ more ]