Bitcoin is lingering around $105,000, about 6% off its record high of $111,900, with market watchers cautioning about a possible sharper decline in June. Liquidity is stacking up around the current price, and the $100,000 level is drawing significant attention as a critical threshold. $100K Support Under Scrutiny Since surpassing $100,000 on May 8, Bitcoin has maintained this level for over three …
Read More »Bitcoin bottleneck: Demand outmints supply, who’s to blame?
A dramatic supply crunch is reshaping the Bitcoin market as institutional investors ramp up purchases, accumulatemillions of coins, and dry up available liquidity. With daily corporate acquisitions that far outweigh mining production, experts warn of a threatening imbalance that could redefine the role of bitcoin from unstable assets to strategic reserves. The new forecasts foresee billions of dollars of institutional inflows, while …
Read More »Bitcoin Close To The New High After US-China Deal
Inflows into bitcoin ETFs remain key driver, cumulative inflows via spot bitcoin ETFs surpass $41 billion Bitcoin opened the week strong, climbing to nearly $106,000 on Monday morning. Today’s jump brought Bitcoin within touching distance of January’s high of $109,356, adding fresh momentum to the largest cryptocurrency. The surge comes as the BBC reports confirmation of progress in US-China trade talks, with …
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