Altcoins News

Story: Bitcoin Hits Fresh Peak Above $70,000 as Crypto Rally Intensifies

By Pankaj K

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Institutional Money Pours In. Raoul Pal, the former Goldman Sachs executive, said Bitcoin's new high could bring in massive…

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Altcoins Join the Party. Solana climbed 4% while Cardano edged up 3%, according to CoinMarketCap data.

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Bitcoin smashed through $70,000. The world's biggest cryptocurrency reached $70,240 during Asian trading hours Thursday, marking another milestone in what's becoming a pretty…

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XRP jumped 6% on the same day, trying to break free from weeks of sideways action that had investors getting restless.

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The second-largest crypto by market cap is catching up fast, with traders watching every move because Ethereum often signals where the broader altcoin market heads next.

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Raoul Pal, the former Goldman Sachs executive, said Bitcoin's new high could bring in massive institutional funds that have been sitting on the sidelines.

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Binance saw Bitcoin trading volume jump 15% when the price crossed $70,000. CEO Changpeng Zhao called it a sign that both retail and institutional traders are getting more active.

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Grayscale Investments grabbed another 5,000 Bitcoin during the rally. The asset management firm keeps adding to their holdings, betting that prices will keep climbing over the…

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Solana climbed 4% while Cardano edged up 3%, according to CoinMarketCap data. These moves show the rally isn't just about Bitcoin anymore - smaller cryptocurrencies are catching…

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Chainlink spiked 7% on the same day. The token has been building partnerships in decentralized finance, and traders are betting those deals will pay off.

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Vitalik Buterin talked about Ethereum's recent network upgrades during a livestreamed event on April 9.

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Coinbase reported 20% more new account signups over the past week. CEO Brian Armstrong said the surge comes from mainstream investors who are finally paying attention to crypto…

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MicroStrategy bought another $150 million worth of Bitcoin, bringing their total holdings above 140,000 coins.

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Galaxy Digital plans to launch an Ethereum-focused investment fund. Mike Novogratz's firm wants to capture institutional interest in the second-largest cryptocurrency.

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Chicago Mercantile Exchange saw Bitcoin futures open interest rise 12%. Traders are positioning for more price swings, with many betting the rally continues.

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