Ethereum's Dencun upgrade, after a successful activation across all testnets, is set to make its deb

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Home > News > Bitcoin

Published: 28/02/2024

-
Author: Raymond

Bitcoin Hits $60,000 Mark Driven By ETF Inflows
Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024

Bitcoin Hit 60000$
The recent surge has been driven by the net inflows trend of Bitcoin spot exchange-traded funds (ETFs), propelling the digital currency nearly 40% higher in February, marking its highest monthly gain since December 2020.

Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024 event in April, speculated to potentially push the cryptocurrency to $100,000. Additionally, prospects of the Federal Reserve deploying a series of interest rate cuts this year have prompted investors to seek higher-yielding or more volatile assets.

Btcusd_2024 02 28_20 42 56

Global market strategist Ben Laidler at eToro investment platform stated that Bitcoin is being propelled by stable capital inflows into new Bitcoin spot ETFs and prospects of the Halving 2024 event as well as the Fed’s interest rate cuts in June.

For the first time in two years, the total value of all circulating Bitcoins has reached $2 trillion this month, according to cryptocurrency platform CoinGecko, while the Bitcoin token index has doubled in just four months.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


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Ethereum’s Dencun Upgrade Set to Launch March 13

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Home > News > Bitcoin

Published: 28/02/2024

-
Author: Raymond

Bitcoin Hits $60,000 Mark Driven By ETF Inflows
Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024

Bitcoin Hit 60000$
The recent surge has been driven by the net inflows trend of Bitcoin spot exchange-traded funds (ETFs), propelling the digital currency nearly 40% higher in February, marking its highest monthly gain since December 2020.

Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024 event in April, speculated to potentially push the cryptocurrency to $100,000. Additionally, prospects of the Federal Reserve deploying a series of interest rate cuts this year have prompted investors to seek higher-yielding or more volatile assets.

Btcusd_2024 02 28_20 42 56

Global market strategist Ben Laidler at eToro investment platform stated that Bitcoin is being propelled by stable capital inflows into new Bitcoin spot ETFs and prospects of the Halving 2024 event as well as the Fed’s interest rate cuts in June.

For the first time in two years, the total value of all circulating Bitcoins has reached $2 trillion this month, according to cryptocurrency platform CoinGecko, while the Bitcoin token index has doubled in just four months.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


Read Less
#Bitcoin
5.0/5

(1 vote)
Leave a Reply
Your email address will not be published. Required fields are marked *

Comment *

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Save my name, email, and website in this browser for the next time I comment.

LATEST

Azcnews (4)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Surges to $59,000 Ahead of Halving Event

Bitcoin has surged to $59,000 today, marking its highest level since November 2021.

Azcnews (3)
News | Altcoin | Editor Choice 28/02/2024

SEC Appeals for Extension in XRP Lawsuit Remedies Briefing Schedule

In the continuous legal battle between the SEC and Ripple Labs in the XRP lawsuit, the SEC has officially sought an adjustment to the existing schedule for briefings related to remedies.

Azcnews (2)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Price Could Reach $200,000 Next Year

Analyst Peter Brandt predicts that Bitcoin could surge to $200,000 at the peak of this cycle, equivalent to a nearly fourfold increase for BTC.

Azcnews (1)
Research | Editor Choice 28/02/2024

What is QNA Token? QnA3 Integrated AI Technology DApp

What is QNA Token? QnA3 stands as a Web3-driven knowledge-sharing platform with AI support, endorsed by Binance, and with a confirmed airdrop for the community.

Azcnews
News | Altcoin | Blockchain | Editor Choice 28/02/2024

Ethereum’s Dencun Upgrade Set to Launch March 13

Ethereum's Dencun upgrade, after a successful activation across all testnets, is set to make its debut on the Ethereum mainnet on March 13th.

Top views
1
OKX to List QnA3.AI’s GPT Token on its Spot Market
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SOL Price Plummets, Buy the Dip Opportunity
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Record-Low Outflows for GBTC Amid Bitcoin Price Surge
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Bitcoin Price Could Reach $200,000 Next Year
9
Bitcoin Surges to $59,000 Ahead of Halving Event
10
SEC Appeals for Extension in XRP Lawsuit Remedies Briefing Schedule
About AZC.News

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BTC Coin BTC

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SOL Coin SOL

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AVAX Coin AVAX

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DOGE Coin DOGE

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Search...

Home > News > Bitcoin

Published: 28/02/2024

-
Author: Raymond

Bitcoin Hits $60,000 Mark Driven By ETF Inflows
Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024

Bitcoin Hit 60000$
The recent surge has been driven by the net inflows trend of Bitcoin spot exchange-traded funds (ETFs), propelling the digital currency nearly 40% higher in February, marking its highest monthly gain since December 2020.

Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024 event in April, speculated to potentially push the cryptocurrency to $100,000. Additionally, prospects of the Federal Reserve deploying a series of interest rate cuts this year have prompted investors to seek higher-yielding or more volatile assets.

Btcusd_2024 02 28_20 42 56

Global market strategist Ben Laidler at eToro investment platform stated that Bitcoin is being propelled by stable capital inflows into new Bitcoin spot ETFs and prospects of the Halving 2024 event as well as the Fed’s interest rate cuts in June.

For the first time in two years, the total value of all circulating Bitcoins has reached $2 trillion this month, according to cryptocurrency platform CoinGecko, while the Bitcoin token index has doubled in just four months.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


Read Less
#Bitcoin
5.0/5

(1 vote)
Leave a Reply
Your email address will not be published. Required fields are marked *

Comment *

Twitter

Telegram

Name *

Save my name, email, and website in this browser for the next time I comment.

LATEST

Azcnews (4)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Surges to $59,000 Ahead of Halving Event

Bitcoin has surged to $59,000 today, marking its highest level since November 2021.

Azcnews (3)
News | Altcoin | Editor Choice 28/02/2024

SEC Appeals for Extension in XRP Lawsuit Remedies Briefing Schedule

In the continuous legal battle between the SEC and Ripple Labs in the XRP lawsuit, the SEC has officially sought an adjustment to the existing schedule for briefings related to remedies.

Azcnews (2)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Price Could Reach $200,000 Next Year

Analyst Peter Brandt predicts that Bitcoin could surge to $200,000 at the peak of this cycle, equivalent to a nearly fourfold increase for BTC.

Azcnews (1)
Research | Editor Choice 28/02/2024

What is QNA Token? QnA3 Integrated AI Technology DApp

What is QNA Token? QnA3 stands as a Web3-driven knowledge-sharing platform with AI support, endorsed by Binance, and with a confirmed airdrop for the community.

Azcnews
News | Altcoin | Blockchain | Editor Choice 28/02/2024

Ethereum’s Dencun Upgrade Set to Launch March 13

Ethereum's Dencun upgrade, after a successful activation across all testnets, is set to make its debut on the Ethereum mainnet on March 13th.

Top views
1
OKX to List QnA3.AI’s GPT Token on its Spot Market
2
Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma
3
Analyst Forecasts Bitcoin to Reach $100,000 by 2024
4
SOL Price Plummets, Buy the Dip Opportunity
5
What is QNA Token? QnA3 Integrated AI Technology DApp
6
Analyst Predicts Potential Upsurge for XRP
7
Record-Low Outflows for GBTC Amid Bitcoin Price Surge
8
Bitcoin Price Could Reach $200,000 Next Year
9
Bitcoin Surges to $59,000 Ahead of Halving Event
10
SEC Appeals for Extension in XRP Lawsuit Remedies Briefing Schedule
About AZC.News

AboutSkip to content
AZC.News
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BTC Coin BTC

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ETH Coin ETH

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SOL Coin SOL

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3.38%

USDC Coin USDC

0.00%

ADA Coin ADA

2.75%

AVAX Coin AVAX

0.85%

DOGE Coin DOGE

3.08%

BTC Coin BTC

6.94%

ETH Coin ETH

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USDT Coin USDT

0.02%

BNB Coin BNB

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SOL Coin SOL

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XRP Coin XRP

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USDC Coin USDC

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ADA Coin ADA

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AVAX Coin AVAX

0.85%

DOGE Coin DOGE

3.08%

Search...

Home > News > Bitcoin

Published: 28/02/2024

-
Author: Raymond

Bitcoin Hits $60,000 Mark Driven By ETF Inflows
Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024

Bitcoin Hit 60000$
The recent surge has been driven by the net inflows trend of Bitcoin spot exchange-traded funds (ETFs), propelling the digital currency nearly 40% higher in February, marking its highest monthly gain since December 2020.

Bitcoin recently rose 6% to $60,850, its highest level since December 2021. Traders poured investment into bitcoin ahead of the Bitcoin Halving 2024 event in April, speculated to potentially push the cryptocurrency to $100,000. Additionally, prospects of the Federal Reserve deploying a series of interest rate cuts this year have prompted investors to seek higher-yielding or more volatile assets.

Btcusd_2024 02 28_20 42 56

Global market strategist Ben Laidler at eToro investment platform stated that Bitcoin is being propelled by stable capital inflows into new Bitcoin spot ETFs and prospects of the Halving 2024 event as well as the Fed’s interest rate cuts in June.

For the first time in two years, the total value of all circulating Bitcoins has reached $2 trillion this month, according to cryptocurrency platform CoinGecko, while the Bitcoin token index has doubled in just four months.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


Read Less
#Bitcoin
5.0/5

(1 vote)
Leave a Reply
Your email address will not be published. Required fields are marked *

Comment *

Twitter

Telegram

Name *

Save my name, email, and website in this browser for the next time I comment.

LATEST

Azcnews (4)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Surges to $59,000 Ahead of Halving Event
Bitcoin has surged to $59,000 today, marking its highest level since November 2021.

Azcnews (3)
News | Altcoin | Editor Choice 28/02/2024

SEC Appeals for Extension in XRP Lawsuit Remedies Briefing Schedule

In the continuous legal battle between the SEC and Ripple Labs in the XRP lawsuit, the SEC has officially sought an adjustment to the existing schedule for briefings related to remedies.

Azcnews (2)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Price Could Reach $200,000 Next Year

Analyst Peter Brandt predicts that Bitcoin could surge to $200,000 at the peak of this cycle, equivalent to a nearly fourfold increase for BTC.

Azcnews (1)
Research | Editor Choice 28/02/2024

What is QNA Token? QnA3 Integrated AI Technology DApp

What is QNA Token? QnA3 stands as a Web3-driven knowledge-sharing platform with AI support, endorsed by Binance, and with a confirmed airdrop for the community.

Azcnews
News | Altcoin | Blockchain | Editor Choice 28/02/2024

Ethereum’s Dencun Upgrade Set to Launch March 13

Ethereum's Dencun upgrade, after a successful activation across all testnets, is set to make its debut on the Ethereum mainnet on March 13th.

Top views
1
OKX to List QnA3.AI’s GPT Token on its Spot Market
2
Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma
3
Analyst Forecasts Bitcoin to Reach $100,000 by 2024
4
SOL Price Plummets, Buy the Dip Opportunity
5
What is QNA Token? QnA3 Integrated AI Technology DApp
6
Analyst Predicts Potential Upsurge for XRP
7
Record-Low Outflows for GBTC Amid Bitcoin Price Surge
8
Bitcoin Price Could Reach $200,000 Next Year
9
Bitcoin Surges to $59,000 Ahead of Halving Event
10
SEC Appeals for Extension in XRP Lawsuit Remedies Briefing Schedule
About AZC.News

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Glossary
Earn

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Copyright 2024 © AZ Coiner Us
Contact Us
Advertise
Terms of Services
Market

Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge

Research
Glossary
Earn

Airdrop
Social Community

Copyright 2024 © AZ Coiner Us
Contact Us
Advertise
Terms of Services
Market

Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge

Research
Glossary
Earn

Airdrop
Social Community
Copyright 2024 © AZ Coiner