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Did Insiders Just Make a Move? Bitcoin Surges 4.9% as $36 Billion Pours In – What’s Next?
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Bitcoin (BTC), the leading cryptocurrency, saw a sharp rise, surging 4.9% and breaking past the $56,000 mark. The digital asset hit an intra-day high of $57,884 as $36 billion flooded into the market.
Investors are closely watching for clues from the US Federal Open Market Committee (FOMC) meeting, with hopes of a dovish stance.
Despite a brief dip earlier due to weak U.S. employment data, Bitcoin rebounded, gaining 8.3% from a weekly low of $52,546.
Read more on cryptonews.comAbout this in other media
Kamala Harris Pushes for U.S. Blockchain Leadership, Impact on Bitcoin Price Debated cryptonews.com /1 month ago
US Spot Bitcoin ETFs Continue Positive Streak with $106M Inflows; BlackRock’s IBIT Attracts $184M cryptonews.com /1 month ago
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