Bitcoin rebounds back above $68K

Bitcoin rebounds back above $68K

Good afternoon, here’s your weekly recap from Rain:

Highlights

  • Bitcoin Surges Past $68K as Crypto Outperforms Traditional Markets | Read more
  • Crypto Usage Hits Record High in 2024: a16z Report | Read more
  • SCB Launches Thailand's First Stablecoin Cross-Border Payment Service | Read more
  • Tesla Moves $770M Worth of Bitcoin to New Addresses | Read more
  • Spot Bitcoin ETFs See $555.8M in Largest Single-Day Inflows Since June | Read more


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Spotlight topic: Bitcoin Surges Past $68K

The cryptocurrency market outpaced traditional markets this week, with Bitcoin rising over 4% to trade above $68,000. The global crypto market cap reached $2.45 trillion, while selling pressure on Bitcoin eased, leading to renewed buying activity.. Meanwhile, traditional markets struggled, with major indices like the S&P 500 and Nasdaq Composite experiencing declines. Centralized exchanges saw nearly $300 million in liquidations, with Bitcoin accounting for $90 million.


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Read of the Week:

JPMorgan bullish on crypto into 2025, considering a Trump win and other factors | Read more


RAIN NEWS?

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Amer K Al-Nahdi

Business Development | Marketing & Advertising

1 个月

Not for long.. will be down to 44K or maybe less ????

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