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  • Crypto market mixed as Bitcoin tests $93K, Ethereum and XRP hit major resistance

    Crypto market mixed as Bitcoin tests $93K, Ethereum and XRP hit major resistance

    Bitcoin Price Bearish

    • Bitcoin price rose to near $93,000 on Friday before sell-off pressure resumed.
    • Ethereum and XRP also climbed but faced key hurdles around $3,000 and $2.25.
    • Sentiment remains downbeat across the crypto market despite notable gains for a few top altcoins.

    The cryptocurrency market continued to witness a mixed outing on Friday, with Bitcoin retesting the $92,500 mark while Ethereum and XRP both broke to key resistance areas.

    While gains indicated renewed investor optimism amid broader economic uncertainties, the swift retreat to below $91k for BTC highlights the fragile market sentiment.

    Also, while Sky, Monero and Bitcoin Cash gained, Zcash, Dash and Aptos led the top losers in the leading 100 coins by market cap.

    Bitcoin breaks to highs near $93k

    Bitcoin’s price marked a decisive breach of the $92,500 resistance level by rising to near $93,000.

    On Friday, the benchmark asset hit highs of $92,969 across major exchanges. However, the level has proved a robust barrier that means the quest to break higher towards the psychological $100 mark continues to evade bulls.

    QCP Group analysts shared the short-term Bitcoin price outlook via an X post. They see mid-$90k levels as key supply wall zones, while major support remains in the $82k-$80k area.

    “Options markets show caution even as year-end BTC call open interest stays heavy. Skew, IV and sentiment have softened, reinforcing a rangebound profile. Supply likely caps moves toward mid-90Ks, while support sits near 80–82K, leaving macro catalysts firmly in control of direction.”

    Despite the dip to below $91k as of writing, BTC’s gains earlier in the day allowed layer-1 and layer-2 solutions on the Bitcoin network to post gains.

    As noted, BounceBit and Stacks were among the Bitcoin ecosystem tokens to see an uptick.

    But as prices have dipped again, rather than bounce higher, this latest move could be a dead cat bounce.

    ETH and XRP face resistance

    Like Bitcoin, Ethereum has struggled to sustain momentum. Recently, the top altcoin fell to lows of $2,600 after closing above $4,000 in late October. The breach of the $3,000 level threatened more pain for bulls.

    However, after testing the demand reload zone, the ETH price has jumped back to the resistance area above $3,000.

    That’s despite a 25% dip over the past month.

    While prices are nearly 9% up in the past week, ETH’s inability to break higher reflects broader altcoin fatigue. Bitcoin’s drop to $90,504 at the time of writing suggests a potential downward cascade for ETH.

    XRP has fared similarly, trading at $2.18 amid a 1.4% dip in the past 24 hours.

    The token faces formidable overhead resistance at $2.25 and at $2.50. Per market data, the latter marks a level at which bulls have struggled since the crash on Oct. 10,2025.

    The launch of spot XRP ETFs in recent days has failed to help bulls break higher.

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  • Bitcoin just hit a critical point: analysts split between $85K crash and $250K surge

    Bitcoin just hit a critical point: analysts split between $85K crash and $250K surge

    Bitcoin price just hit a critical point

    • Bitcoin trades near $92K amid mixed signals from ETFs and tech markets.
    • Hoskinson and Saylor predict a strong BTC rebound despite recent losses.
    • ETF outflows and macro risks could, however, push BTC toward $85K support.

    While Bitcoin price has recovered from the low of $88,540 hit on November 19, the question is whether it will hit a higher high than the $93,403 registered on November 18.

    Some analysts believe BTC is preparing for a deeper slide, while others insist a powerful rebound is already forming beneath the surface.

    At press time, BTC price was around $92,237 and already showing signs of exhaustion, which would spell doom since it formed a lower low on November 19, which is a bearish sign.

    Bullish calls grow despite the slide

    At $92,237, Bitcoin (BTC) is reeling from a bruising stretch that has erased more than $33,000 from its value in under two months.

    Notably, today’s uptick follows a pause in ETF outflows and a rebound in tech stocks, driven by Nvidia’s stronger-than-expected earnings.

    While the market remains on edge as macro uncertainty and shifting liquidity conditions continue to pressure risk assets, Cardano founder Charles Hoskinson remains one of the strongest voices calling for a major rebound.

    During CNBC’s Squawk Box show on Tuesday, Hoskinson argued that Bitcoin’s recent losses reflect broader macro distortions, including tariff tensions, recession risks, and uneven regulatory signals.

    Hoskinson believes these forces will ease in the coming months.

    He expects BTC to recover sharply and potentially hit $250,000 within the next year, projecting that institutional adoption and large-scale tokenisation will redefine market cycles.

    Michael Saylor shares a similar level of confidence, viewing the current downturn as typical of Bitcoin’s long-term behaviour.

    The MicroStrategy executive says the company is built to withstand extreme drawdowns, calling his position “indestructible” in a recent interview with Fox Business.

    Notably, Saylor has continued to buy BTC even as volatility increases, reinforcing his view that deep corrections are part of the broader path toward higher valuations.

    ETF activity has also become a pivotal factor.

    The BlackRock Bitcoin ETF posted a record $523 million daily loss on November 18 following a streak of outflows across the spot Bitcoin ETF landscape.

    Total Bitcoin Spot ETF Net Inflow
    Total Bitcoin Spot ETF Net Inflow | Source: Coinglass

    The Bitcoin ETFs outflow seems to have stabilised, with IBIT seeing $60M worth of inflows on November 19.

    Analysts warn that sustained inflows will be essential if Bitcoin hopes to avoid a retest of this week’s lows.

    Bearish risks still loom

    Not all signals point upward. Some traders see a real chance BTC could break below key support levels near $90,000.

    If the market fails to hold this support, prediction platforms indicate rising expectations of a drop toward $87,000.

    ETF outflows totalling more than $3 billion this month highlight lingering caution, and many retail participants remain hesitant after weeks of drawdowns.

    Macro conditions remain complicated.

    Expectations of Federal Reserve rate cuts have faded, while recession concerns are resurfacing due to weak jobs data and ongoing trade friction.

    These pressures have limited upside momentum even as Nvidia’s tech rally briefly boosted risk appetite.

    Despite the uncertainty, Bitcoin continues to trade like a high-beta asset tied closely to broader market sentiment, and the next few days may determine whether buyers regain control or whether sellers will test new lows.

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  • Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market

    Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market





    Bitcoin, Ethereum, altcoins tumble after US GDP surprise; $1.1B liquidations hit market – CoinJournal



































    Crypto markets stay defensive after a $1.7B selloff; Bitcoin, Ethereum, and Dogecoin struggle to regain footing.

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  • Crypto hacks in August hit $163 million as exchange risks grow

    Crypto hacks in August hit $163 million as exchange risks grow

    Crypto hacks in August hit $163 million as exchange risks grow

    • The largest theft was $91.4 million from anonymous Bitcoin addresses.
    • Other victims included Odin.fun ($7 million), BetterBank.io ($5 million), and CrediX Finance ($4.5 million).
    • Weak audits, human error, and fast platform launches are driving security risks.

    The digital asset industry faced another blow in August as hackers stole $163 million across 16 separate incidents, according to blockchain security firm PeckShield.

    This was a jump from July’s $142 million, showing how attacks are becoming more frequent and technically advanced.

    The largest theft was $91.4 million from multiple anonymous Bitcoin addresses, underlining the vulnerability of individual investors as well as institutions.

    Beyond the immediate financial loss, these incidents raise questions about the security of centralised platforms and the long-term impact on investor trust in the wider crypto market, which continues to expand globally.

    $54 million BtcTurk hack highlights exchange weaknesses

    One of the biggest cases in August was the breach of BtcTurk, Turkey’s leading crypto exchange, which lost $54 million.

    This incident was particularly notable because the same platform had already been hit in June 2024 for another $54 million, bringing its total annual losses above $100 million.

    BtcTurk confirmed that unauthorised access had been detected, affected wallets were frozen, and investigations with local authorities were underway.

    The repeat nature of the attack highlights how centralised exchanges remain a high-value target, with security defences proving inadequate against persistent attackers.

    Other platforms lost $17 million in separate cases

    While BtcTurk dominated headlines, smaller but still damaging attacks hit other platforms. Odin.fun lost $7 million, BetterBank.io suffered $5 million in losses, and CrediX Finance was drained of $4.5 million.

    These examples show how cybercriminals are not only targeting major exchanges but also smaller platforms, often exploiting weak security audits or untested systems.

    The cumulative effect of these breaches demonstrates how no level of the crypto ecosystem is safe from exploitation, whether through technical loopholes or basic operational oversights.

    Human error and lack of audits fuel rising attacks

    PeckShield’s data shows that the crypto sector’s rapid growth is directly linked to the rising number of hacks. New platforms and protocols are often launched quickly without thorough security reviews, giving attackers multiple entry points.

    Alongside structural weaknesses, human error continues to play a major role. Users failing to enable two-factor authentication, relying on weak passwords, or falling victim to phishing scams leave both exchanges and personal wallets open to compromise.

    The combination of technical flaws and behavioural lapses is creating an environment where cybercrime thrives, forcing exchanges and investors to reconsider their defences.

    Regulatory authorities in multiple jurisdictions have noted these trends, pointing to the need for stricter compliance checks.

    Bitcoin dips as investor confidence weakens

    The impact of these hacks has extended into the wider market. Bitcoin (BTC) slipped 0.29% in the past 24 hours to trade at $108,361.50, with a market capitalisation of $2.15 trillion.

    Bitcoin price
    Source: CoinMarketCap

    Analysts warn that repeated breaches could slow mainstream adoption, as every incident erodes investor confidence and strengthens the case for stricter regulations to protect consumers and stabilise trading activity.

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  • Ontology price skyrockets 55% to hit six-month high

    Ontology price skyrockets 55% to hit six-month high

    • Ontology price rose more than 50% to lead the top gainers across crypto.
    • The altcoin gained as Bitcoin and Ethereum dropped, with the ONT price hitting a six-month high.
    • ONT could retreat amid profit-taking.

    Ontology has defied broader crypto dumping to skyrocket more than 55% to highs near $0.22, hitting its highest level in six months.

    The uptick for Ontology (ONT) comes as the cryptocurrency market witnesses a significant uptick in sell-off pressure, with Bitcoin dropping to under $112k and Ethereum giving up gains after a new all-time high.

    But as these top headline makers struggle, ONT is grabbing most attention amid its 55% price surge.

    Ontology price spikes 55% to 6-month high

    Ontology (ONT) has seen a remarkable 55% price surge, reaching an intraday peak of near $0.22, its highest level in six months.

    The altcoin traded at lows of $0.13 in the morning session, but marched higher to reach levels seen at the start of February 2025.

    With trading volume soaring by over 4,600% to more than $337 million, Ontology price stands out as one of the outperformers on the day.

    As BTC and ETH pare gains, Ontology’s 24-hour gains come amid heightened activity around the decentralised identity protocol’s native token.

    Mainstream adoption of artificial intelligence and blockchain has Ontology’s infrastructure for decentralised identity and data privacy, drawing significant interest.

    The project’s focus on regulatory compliance for digital identity solutions and blockchain interoperability is a key cog in its adoption curve.

    Analysts predict ONT could benefit from this outlook to target more gains.

    Ontology price forecast: What’s the technical picture?

    The price of Ontology breaking out as the rest of the market fights to hold onto recent gains suggests holders may have to deal with incoming downside pressure.

    ONT going vertical will welcome a pullback, likely to a demand reload zone.

    However, open interest in ONT has increased by over 617% to nearly $60 million.

    This indicates trader confidence and speculative interest amid the token’s upward trajectory.

    Ontology’s price outlook as open interest rises, combined with high trading volumes, suggests a potential bullish continuation.

    Ontology Price Chart
    ONT price chart by TradingView

    From a technical perspective, ONT is trading Relative Strength Index (RSI) on the daily chart at 81.

    RSI at these levels shows the asset firmly in the overbought territory and thus leaning toward a reversal.

    The Moving Average Convergence Divergence (MACD), however, shows a bullish crossover, indicating bulls have the upper hand and that a sustained rally may yet unfold if a retest allows buyers to establish a footing at key support levels.

    On the daily chart, these areas lie around $0.20 and $0.17.

    On the flipside, a break above $0.27 will allow buyers to aim for $0.40.

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  • Strategy hit with lawsuit as Bitcoin holding tops $59B

    Strategy hit with lawsuit as Bitcoin holding tops $59B

    Strategy hit with lawsuit

    • The company’s total Bitcoin holdings now stand at 576,230 BTC.
    • Average cost basis updated to $69,726 per Bitcoin.
    • The lawsuit was filed by Pomerantz LLP in Virginia over alleged investor deception.

    MicroStrategy, now rebranded as Strategy, is once again making waves across financial markets.

    The company, known for holding the largest corporate stash of Bitcoin, is facing a class action lawsuit alleging misleading accounting practices.

    Despite this, it has continued buying more Bitcoin, bringing its total to 576,230 BTC, worth approximately $59 billion.

    $764.9M BTC purchase follows lawsuit filing

    On 19 May 2025, Strategy disclosed it had acquired an additional 7,390 BTC for $764.9 million.

    The average price paid was $103,498 per coin.

    The acquisition was financed via an at-the-market (ATM) equity offering and the issuance of Series A STRK preferred stock.

    This brings its total holdings to 576,230 BTC at a new average cost of $69,726.

    The announcement came just after the firm was hit with a lawsuit filed in the Eastern District of Virginia.

    The legal action, initiated by Pomerantz LLP, names both the company and top executives, accusing them of failing to alert investors about the risks posed by updated Bitcoin accounting rules under ASU 2023-08.

    The new standard requires firms to reflect the fair market value of Bitcoin on their balance sheets.

    According to the lawsuit, Strategy downplayed the impact this would have on its financial statements, allegedly resulting in a $5.91 billion fair-value loss that wasn’t adequately communicated to shareholders.

    Use of non-GAAP metrics under scrutiny

    The complaint also highlights Strategy’s use of proprietary, non-GAAP metrics such as “BTC Yield” and “BTC $ Gain”.

    The plaintiffs argue these terms were not standard financial indicators and may have presented an inflated view of the company’s profitability.

    This approach appeared to unravel on 7 April, when the $5.9 billion impairment loss became public.

    MSTR shares fell 8.67 percent that day. By 1 May, earnings reports confirmed the blow to the company’s books, and investors responded negatively.

    While the firm’s defenders point to long-term Bitcoin appreciation and innovation in digital asset strategy, the lawsuit raises questions about regulatory compliance and transparency.

    Accounting experts have noted that non-GAAP metrics must be used carefully, especially when they contradict or obscure established accounting principles.

    No strategic shift despite legal risks

    Despite the financial hit and legal threats, Strategy has shown no sign of changing course.

    Its May filing suggests the firm remains committed to accumulating more Bitcoin, with its latest purchase representing one of the largest single-month acquisitions this year.

    Michael Saylor, the company’s chairman, has consistently positioned Bitcoin as “digital gold” and a long-term asset class.

    His earlier comment — “My formula for success is rise early, work late, and buy Bitcoin” — continues to define the company’s public stance.

    However, the legal case could reshape how other corporations approach digital asset reporting.

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  • Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3

    Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3

    Bitcoin price prediction: analyst predicts BTC will hit $137k by Q3

    • Bitcoin (BTC) has rebounded above $85,000, with a predicted rise to $137,000 by Q3 2025.
    • US Treasury’s $500B liquidity boost and ETF inflows drive the bullish Bitcoin price prediction.
    • However, risks like US debt ceiling talks and failure of the coin to break $85,000 resistance could push the BTC price lower.

    Bitcoin’s price trajectory over the past few days has captured the crypto community’s attention as it stabilizes above $85,000 after a recent dip below $80,000 following US President Donald Trump’s Liberation Day tariffs.

    Analyst Titan of Crypto has forecasted that Bitcoin (BTC) could soar to $137,000 by the third quarter of 2025, igniting excitement among cryptocurrency enthusiasts.

    This ambitious prediction hinges on a blend of technical indicators and macroeconomic trends currently shaping the market.

    Why Bitcoin (BTC) price could hit $137,000

    One of the factors behind Titan’s Bitcoin price prediction is the massive US Treasury liquidity injections.

    The US Treasury has injected $500 billion into the markets since February 2025, reducing its Treasury General Account from $842 billion to $342 billion, significantly boosting liquidity in the markets.

    This move elevated the net Federal Reserve liquidity to $6.3 trillion, with forecasts suggesting it could climb to $6.6 trillion by August if debt ceiling negotiations persist.

    According to historical trends, BTC has exhibited an 83% correlation with global liquidity over the past year, often outperforming traditional assets like stocks and gold.

    For example, past liquidity surges in 2022 and 2023 preceded notable Bitcoin rallies, hinting that the current environment could pave the way for another upward surge.

    On the technical front, Titan of Crypto points to a bullish pennant pattern on Bitcoin’s daily chart, suggesting a potential 60% rally to $137,000 if it breaks the 200-day EMA near $90,000.

    Bitcoin has struggled to overcome this resistance around $85,000 since late February, but a decisive close above it could shift momentum firmly in favour of the bulls.

    Adding to the optimism, Bernstein analysts had predicted that over $70 billion in Bitcoin ETF inflows in 2025 could push prices as high as $200,000, reflecting growing institutional adoption.

    The April 2024 halving, which slashed mining rewards to 3.125 BTC, further supports this narrative, as previous halvings have triggered bull runs exceeding 600% gains.

    Beyond technicals, macroeconomic factors like recent tariff exemptions have lowered US Treasury yields, easing pressure on risk assets and creating a fertile ground for Bitcoin’s growth.

    Market sentiment also leans bullish, with buy-side liquidity on exchanges like Binance outpacing sell-side by a factor of 10, while large investors shift BTC to cold storage, signaling long-term confidence.

    The risks to Bitcoin’s climb

    However, risks loom on the horizon, as an early US debt ceiling resolution could cap liquidity at $6.3 trillion, potentially stunting Bitcoin’s ascent.

    Renewed trade war fears or geopolitical tensions could also drive investors toward gold, leaving Bitcoin vulnerable to a shift in safe-haven preferences.

    Technically, failure to breach the 200-day EMA could trap Bitcoin below $85,000, risking a drop to supports at $78,000 or $74,500.

    Despite these challenges, the broader 2025 outlook remains bright, with price targets ranging from $137,000 to $250,000, fueled by ETF inflows, corporate uptake, and post-halving dynamics.

    Companies like Semler Scientific, planning to raise $500 million to buy more BTC, exemplify the rising corporate embrace of Bitcoin as a treasury asset.

    Meanwhile, potential US-China trade talks could further enhance risk-on sentiment, benefiting speculative assets like Bitcoin if tensions ease.

    In the mining sector, increased selling by miners due to lower profitability, evidenced by 15,000 BTC outflows on April 7 when prices hit $74,000 according to the weekly CryptoQuant’s report, presents a short-term hurdle.

    Bitcoin miner CleanSpark on Tuesday announced it has secured a $200 million Bitcoin-backed credit facility from Coinbase Prime, shifting away from its previous 100% Bitcoin HODL strategy.

    The company will now begin selling part of its monthly BTC production to support growth and fund operations.

    However, the robust demand from institutional and retail investors appears poised to absorb this supply, maintaining upward pressure on prices.

    Ultimately, Titan of Crypto’s $137,000 Bitcoin price prediction by Q3 2025 rests on a compelling mix of liquidity trends, technical potential, and institutional momentum, offering a plausible glimpse into Bitcoin’s near-term future.

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  • Bitfinex: Bitcoin could hit $200k by mid-2025 with mild price corrections

    Bitfinex: Bitcoin could hit $200k by mid-2025 with mild price corrections

    Bitcoin green
    • Bitfinex analysts believe Bitcoin could reach between $140,000 – $200,000 by mid-2025
    • “Consistent buying pressure” with ETFs will see future Bitcoin price correction “shorter in duration”
    • If Bitcoin follows the 2021 cycle, it has the potential to reach $339,000

    Bitcoin could surge to $200,000 under “favorable conditions,” according to a new report from Bitfinex analysts.

    In its Bitfinex Alpha report, published on December 16, analysts noted that Bitcoin has achieved unprecedented milestones in 2024, surpassing a $2 trillion market capitalization and reaching a new all-time high of above $100,000.

    The analysts added that Bitcoin exchange-traded funds (ETFs) have emerged as a dominant force, with US spot ETF inflows reaching $35.5 billion.

    “Looking ahead, we believe the current run-up to over $100,000 has captured a significant portion of Bitcoin’s price appreciation for this cycle,” the analysts wrote. “Our minimum price target for Bitcoin remains at $140,000 – $200,000 around mid-2025.”

    Bullish movement post-halving

    Looking to 2025, the analysts believe that any corrections will “remain mild, thanks to institutional inflows.” They also point out that as 2024 was a halving year for Bitcoin, “historically the following year post halving has been bullish.”

    “In previous cycles, once Bitcoin entered price discovery following a halving, corrections before mean reversion to new ATHs were relatively contained,” the analysts wrote. “In the 2017 cycle, the maximum correction was 33.2 percent, while the 2020 cycle saw a slightly smaller correction of 27.1 percent.”

    According to Bitfinex, Bitcoin’s current bull cycle, which started in mid-to-late 2023, the asset’s corrections have been smaller since the launch of Bitcoin ETFs in January. Analysts believe that with “consistent buying pressure,” future corrections will be “limited and potentially shorter in duration.”

    Bitcoin at $339,000?

    Bitfinex predicts Bitcoin’s price could peak at $339,000, if it follows the pattern of the 2021 cycle; however, if it follows the 2017 cycle with diminishing returns, Bitcoin could hit around $290,000 by 2026.

    At the time of publishing, Bitcoin is trading under $104,000, according to data from CoinMarketCap. Yesterday, the crypto asset reached a new all-time high of above $108,000.

    Market sentiment has surged since President-elect Donald Trump won the US election in November. Since then, Trump has appointment several pro-crypto candidates in the run up to his administration entering the White House in January.

    Earlier this month, Trump named pro-crypto Paul Atkins as the next Chair of the US Securities and Exchange Commission (SEC). He’ll take over from current Chair Gary Gensler who’s stepping down on January 20.

    Trump also has Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy leading the Department of Government Efficiency (DOGE) to “dismantle government bureaucracy.” Meanwhile, David Sacks will be the lead policy advisor on artificial intelligence and crypto.

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  • Eric Trump praises Bitcoin, predicts it will hit $1M at Bitcoin MENA 2024

    Eric Trump praises Bitcoin, predicts it will hit $1M at Bitcoin MENA 2024

    Eric Trump praises Bitcoin, predicts it will hit $1M at Bitcoin MENA 2024
    • Eric Trump has predicted Bitcoin will hit $1M, citing its scarcity and potential.
    • Eric compared Bitcoin’s adoption to email, emphasizing early adopter advantages.
    • Eric lauded Bitcoin as a hedge against inflation, instability, and global risks.

    Eric Trump, executive vice president of the Trump Organization and son of US President-elect Donald Trump, delivered a stirring keynote address at the Bitcoin MENA event in Abu Dhabi on December 10, 2024.

    In his speech, he confidently predicted that Bitcoin’s price would one day surpass $1 million per coin, describing it as a transformative force in the global economy.

    Eric Trump highlighted Bitcoin’s unique qualities, emphasizing its limited supply of 21 million coins, decentralized structure, and potential to serve as a hedge against inflation and political instability. “Bitcoin is not just another investment,” he stated. “It’s a global asset, a store of value, and a safeguard against the uncertainties of the world—be it economic turmoil, natural disasters, or geopolitical conflicts.”

    The son of the US President-elect compared Bitcoin’s adoption journey to the widespread acceptance of email, which took decades to achieve mass use. He acknowledged that technological breakthroughs often face resistance initially, but once their utility becomes apparent, they are embraced universally.

    “People are slow to adapt to new technology, just as they were with email in the 1970s. But as Bitcoin gains traction, the sceptics will realize its transformative potential,” Eric said.

    Eric also addressed the role of financial institutions and governments, noting that many are beginning to pivot toward cryptocurrency. He shared an anecdote about a major bank executive, once sceptical of Bitcoin, now overseeing a crypto desk handling billions in investments.

    According to Eric Trump, those who embrace Bitcoin early will reap significant rewards, while late adopters risk falling behind in the digital currency revolution.

    Acknowledging Bitcoin’s recent milestone of surpassing $100,000 per coin on December 5, Eric expressed optimism about the cryptocurrency’s future. He concluded by encouraging the Bitcoin community to continue driving innovation and adoption, stating, “Bitcoiners, I love you. The Trump family stands with you. Together, we are witnessing the dawn of a new financial paradigm.”

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  • US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch

    US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch

    • BlackRock’s IBIT attracted the most at over $600 million followed by Fidelity’s FBTC with $301 million
    • The 12 spot Bitcoin ETFs have brought in a combined $30.35 billion since launching in January

    US spot Bitcoin exchange-traded funds (ETFs) took in $1 billion in daily total net inflows yesterday as Bitcoin inched closer to the $100k mark.

    BlackRock’s iShares Bitcoin Trust (IBIT) saw the most inflows, attracting $608.41 million, according to SoSoValue data. Fidelity’s FBTC followed with $300.95 million. Bitwise’s Bitcoin ETF brought in $68 million and Ark and 21Shares’ ARKB attracted $17.18 million.

    Grayscale’s GBTC was the only one with negative net flows, recording $7.8 million outflows.

    The 12 spot Bitcoin ETFs have earned a combined $30.35 billion since launching in January following approval from the US Securities and Commission (SEC).

    US Spot Bitcoin value. Source: SoSoValue

    Elevated trade among the spot Bitcoin ETFs followed as Bitcoin climbed to the $100k mark on November 22, continuing its bull run.

    The inflows also come after BlackRock launched its options contracts earlier this week. During trading on day one, BlackRock’s options brought in nearly $2 billion, helping to push Bitcoin to more than $94,000.

    Grayscale announced this week that it was also launching Bitcoin ETF options following BlackRock’s impressive debut and a surge in investor interest.

    As trade continues through spot Bitcoin ETFs, it’s becoming clear that these avenues are one of the main ways for investors to hold Bitcoin. According to Bloomberg analyst Eric Balchunas, US Bitcoin ETFs hit $100 billion in assets, adding on X:

    “They’re now 97% of [the] way to passing Satoshi as [the] biggest holder and 82% of [the] way to passing gold ETFs.”

    Elsewhere, in the market, Ethereum is up by more than 7% over the past week at $3,285, Solana has seen a nearly 20% increase at $253, and XRP has risen close to 60% to $1.44 in the same time, according to CoinMarketCap.

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