Bitcoin (CRYPTO: BTC) is up 4% on Friday as PCE inflation fell to 2.8%, oil prices dropped, $3 billion in options gamma triggered dealer hedging and ETF inflows hit four consecutive days. PCE Inflation Falls Below Estimates The Personal Consumption Expenditures index...
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Anan Ashraf
The Math Behind Bitcoin To $1 Million In 10 Years
Bitwise Chief Investment Officer Matt Hougan on Tuesday published a report showing Bitcoin (CRYPTO: BTC) could reach $1 million per coin if the store-of-value market grows to $121 trillion in 10 years and BTC captures 17% market share, up from 4% today. The...
Crypto Sees $619M Inflows During Iran Crisis As Bitcoin Wins, XRP Loses
Digital asset investment products recorded $619 million in inflows last week despite the Iran crisis, with Bitcoin (CRYPTO: BTC) dominating at $521 million while XRP (CRYPTO: XRP) bled $30.3 million in outflows. The Weekly Flow Pattern Early optimism was evident with...
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