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Bitcoin price breaks out above $72,000 as market volatility causes spike in liquidations

The bitcoin price has climbed back above the $72,000 mark.Market volatility over the past day has resulted in over $152 million in cryptocurrency liquidations.

The Block·2024/04/08 10:18

Plotting the path to $80K — 5 things to know in Bitcoin this week

BTC price gains mushroom before the Wall Street open as CPI week appears to set the tone for the incoming Bitcoin halving.

Cointelegraph·2024/04/08 10:04

CoinShares: Net inflow of digital asset investment products last week was $646 million

·2024/04/08 09:56

Will Bitcoin Chart a New All-Time High Before the Upcoming Halving? (BTC Price Analysis)

Cryptopotato·2024/04/08 08:34

A giant whale withdrew 10,643 ETH from CEX in the past hour, equivalent to approximately US$37.1 million

·2024/04/08 08:33

BTC breaks through $70,000 again

·2024/04/08 07:39

Will Crypto Markets Rebound on This Week’s Key Inflation US Reports?

This week will see a lot of key economic data released in the United States which may have an impact on crypto markets.

Cryptopotato·2024/04/08 06:49

Bitcoin Price Hints At Potential Correction, Buy The Dip?

Newsbtc-btc·2024/04/08 06:22

Solana developers rally to combat network congestion

Quick Take The Solana network is facing congestion, attributed to spam transactions. Solana developers are working on solutions, including software patches and updates.

The Block·2024/04/08 06:16

Bitcoin ETF activity to remain robust until the halving: Santiment

It is a “likely foregone conclusion” that high Bitcoin ETF activity will continue leading up to the halving, said Santiment.

Cointelegraph·2024/04/08 05:49

Flash

19:10

According to the latest data released by the Investment Company Institute, the total size of money market funds in the United States has surged to $7.919 trillion, setting a new all-time high.

These types of funds, characterized by strong liquidity and relatively low risk, have recently become a preferred allocation choice for many market participants. The continuous growth in their scale also reflects, to some extent, that investors' risk appetite and asset allocation preferences have experienced corresponding changes under the current market environment.

19:05

The trading volume of Solana tokenized stocks reached $116 million yesterday.

Solana saw its tokenized stock trading volume reach 116 million USD yesterday, accounting for 94% of the total across all networks. (Cointelegraph)

19:04

According to USDA statistics, as of June 1, the number of cattle on feed in the United States reached 102.0% of the same period last year, while the market’s previous consensus expectation was 102.5%.

This actual data is slightly lower than the market's previous expectations and may subsequently have a certain impact on the outlook for U.S. beef cattle supply as well as future trends in market trade.

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