Here are some of the Top Bitcoin news highlights for today 16-7-2024:
1.Bitcoin Price Consolidation
:In spite of a liquidation of $71.02 million in short positions, Bitcoin's price is consolidating near $62,000. Moreover, Mt. Gox recently transferred 44,527 BTC (equivalent to $2.84 billion) to an internal wallet.
2- Michael Dell, Dell Technologiesâ CEO showed his interest on twitter about Bitcoin.
3- - Recent inflows into U.S spot Bitcoin ETFs was at $300.90 million.
4.Normal Pullback and Recovery
Some may see it as a relief rally after a 13% recovery over the past few days. It is argued though that this is all part of normal market ebb and flow and the recovery for bitcoin remains intact.
5- Bitcoin Conference 2024
The dates, schedule and key highlights for the Bitcoin Conference 2024 can be found here; An opportunity to network, learn and shape cryptoâs future would be an understatement as well
