On October 28, Bitcoin surpassed the $70,000 mark for the first time since June, reflecting significant market momentum and investor interest. The rise was driven by over $3 billion in net inflows into U.S. spot Bitcoin ETFs over two weeks, underscoring growing institutional faith in the cryptocurrency.
In the last 24 hours, Bitcoin's trading volume surged by 15%, reaching $50 billion. With a market capitalization now over $1.3 trillion, Bitcoin takes up roughly 60% of the entire crypto market. Analysts foresee Bitcoin reaching new all-time highs due to favorable macroeconomic conditions.
The number of active Bitcoin addresses hit 1 million, a 10% increase from last month. This uptick in interest positions Bitcoin as a recognized safe-haven asset and hedge against inflation.
Nguồn: ultramining.com ↗