Altcoins News

Story: Bitcoin Hovers Near $100K Mark as Institutional Money Pours In

By Sydney TheCMO

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Big Players Make Moves. BlackRock's considering ramping up its crypto holdings.

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Regulatory Storm Clouds. The SEC's still dragging its feet on Bitcoin ETF approvals.

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Bitcoin's stuck. The digital currency can't seem to break past that magic $100,000 number, even though big money keeps flowing in from Wall Street firms and hedge funds who…

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Trading data from April 5 shows Bitcoin bouncing between $95,000 and $98,000, pretty much where it's been camping for the past week.

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Binance recorded a 10% jump in Bitcoin trading volume compared to last week. Coinbase saw new account openings surge 15% as individual investors pile back in.

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BlackRock's considering ramping up its crypto holdings. An internal memo from April 4 leaked details about the world's largest asset manager evaluating more Bitcoin investments…

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Cathie Wood from ARK Invest talked up Bitcoin again in a recent interview. She thinks the digital currency could see massive gains if adoption keeps growing at this pace.

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But traders aren't all convinced. A CoinDesk survey from April 3 found only 45% of respondents think Bitcoin will crack $100,000 by year-end.

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The SEC's still dragging its feet on Bitcoin ETF approvals. Nobody knows when they'll make a decision, and that uncertainty is keeping some big investors on the sidelines.

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Chicago Mercantile Exchange data shows rising open interest in Bitcoin futures contracts. Institutional traders are positioning for big price swings, though nobody knows which…

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Robinhood saw Bitcoin trading volume jump 20% over the past week as retail investors try to catch the next big move.

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