Is the "rally of bitcoin" far from over? Wall Street analysts predict it will rise to $0.225 million within two years!
① Mark Palmer, a senior analyst at the New York investment bank The Benchmark Company, expects that bitcoin will rise to 0.225 million dollars by the end of 2026, an increase of approximately 133.5% from current levels; ② Palmer believes that institutional investors' interest in bitcoin will continue to grow in the coming years.
Latest cryptos news | Bitcoin stabilizes at a high of $96,000; hot money inflow! The usa bitcoin etf sets a new monthly inflow record.
According to Bloomberg, as of now, the usa has seen a net inflow of 6.2 billion dollars for 12 bitcoin spot etfs this month, surpassing the previous peak of 6 billion dollars set in February.
Hot money is pouring in! The bitcoin ETF in the USA is expected to set a monthly record for fund inflow.
Due to Trump's support for cryptos, bitcoin, as a digital currency, has historically reached 99,588 dollars per coin, with 12 usa spot bitcoin etfs soon to welcome record monthly net inflows. Bloomberg compiled data shows that as of November, etfs issued by firms such as blackrock and fidelity investments have attracted 6.2 billion dollars in funding. The previous peak inflow of 6 billion dollars was set in February this year, when investors were excited about these products launched at the beginning of the year. A week ago, bitcoin approached the milestone level of 0.1 million dollars for the first time, just about 300 dollars short, due to Trump's commitment to abolish.
Latest crypto news | Optimism spreads! Bitcoin rebounded to $0.097 million at one point; Trump's new government ministerial nominees, more than 5 of them are 'crypto players'.
According to sources, the transition team of the US President-elect Trump has interviewed senior financial regulatory figure and prominent figure in the conservative financial world, Paul Atkins, as a candidate for the chairman of the Securities and Exchange Commission (SEC).
Express News | Hong Kong plans to implement tax reductions on cryptos for private equity and hedge funds.
Express News | Bloomberg: Many analysts predict that BTC may short-term break through 0.1 million US dollars, as the market is in the price discovery stage.
Optimistic sentiment reignited! Bitcoin once rebounded to $97,000, continuing to challenge the $100,000 mark.
Bitcoin is once again making a push towards the $0.1 million milestone.
U.S. stock market closes | All three major indexes fall, Dell plummets over 12% after earnings; Chinese concept stocks warm up, Jinlong Index rises by nearly 3%; bitcoin rebounds sharply, microstrategy rises by nearly 10%.
The Dow ended a five-day rally, falling from record highs along with the S&P; small cap stocks struggled to rebound. Dell and hp inc plummeted over 10% after earnings reports. Chinese concept stocks rebounded by nearly 3%, while Ideal autos surged almost 7%.
Cantor Fitzgerald Maintains Cipher Mining(CIFR.US) With Buy Rating, Raises Target Price to $11
Cantor Fitzgerald Remains a Buy on Cipher Mining (CIFR)
Latest crypto news | The market in the crypto circle fluctuates significantly, with bitcoin returning to $93,000; analysts say that $0.1 million is a psychologically significant sell-off point, and it is expected that bitcoin will break through $0.1 milli
StanChart's global head of digital assets research, Geoff Kendrick, stated that the recent BTC pullback is mainly influenced by changes in the US Treasury market. He explained that the drop in US Treasury yields has boosted market confidence, potentially temporarily weakening bitcoin's appeal as a hedge tool.
Express News | 21Shares crypto strategist: $0.1 million is a psychologically significant sell-off point, and bitcoin is expected to break through $0.1 million this year.
Bitcoin is just a step away from 0.1 million; when will it knock on the door again after the pullback?
The six-digit key level is a strong resistance level and a psychological selling point. However, even if the pullback deepens, analysts still expect bitcoin to surpass $0.1 million this year.
DOT falls below $10: What will be the next trend?
Polkadot [DOT] has risen 185% from its low point of $3.7 set on November 4th. It has now retraced some of the gains, and the price may further decline.
Sector Update: Financial Stocks Mixed Late Afternoon
Cipher Mining Acquires West Texas Data Center Site for $4.1 Million; Shares Fall
Top Midday Decliners
Shares of Crypto-related Stocks Are Trading Lower Amid a Drop in Bitcoin.
Cipher Mining Announces Acquisition Of New Site In West Texas Called Stingray For A Cash Payment Of $4.1M And A Variable Fee Of $1.5/MWh For The Initial 5-Years After The Energization Of The Site, Adding 100 MW Of Capacity To Its Growing Portfolio Of...
Press Release: Cipher Mining Announces Acquisition of New Site in West Texas, Adding 100 MW of Capacity to Its Growing Portfolio of Power and Data Center Development Opportunities