Just almost a month away from the much-awaited Bitcoin halving and we've already seen quite a lot of action just closing this month.
Are you ready for more gains to come?
Bitcoin has surpassed the $53000 price level today after 2 years! Such a remarkable display of market resilience and investor confidence, yes you heard it, there is a significant growth on market optimism rightfully driving the price up to unprecedented levels.
According to Coinshares, the market witnessed record inflows last week, totaling an astonishing $2.45 billion, a feat last seen in December 2021. The year-to-date inflows now stand at $5.2 billion, with the United States accounting for 99% of these inflows, amounting to $2.4 billion.
Even financial institutions has had a play on this bull-flag!
MicroStrategy CEO Michael Saylor, a well-known Bitcoin advocate, has expanded its Bitcoin holdings by acquiring an additional 3,000 Bitcoins. The purchase was done at an average price of $51,813 per Bitcoin between February 15 and 25, 2024, representing a significant investment of approximately $155 million.
Current BTC Crypto Market Dominance: 51% 30D gain : 28.09% Market Cap : 1.05T