Bitcoin rally smashes past $116k on softer Fed bets: What changes next?Bitcoin's upward momentum gains institutional backing, buoyed by favorable macro shifts and liquidation events.
Happy Monday!Bitcoin’s rally pushes past $116k amid easing Fed rate fears, driven by institutional interest and market liquidations. Kraken cements its role as a leading crypto financial institution with record Q3 profits, while Bitplanet initiates Korea’s first regulated daily Bitcoin accumulation aiming for a 10,000 BTC treasury. Stay informed on these key market moves. The global crypto market cap is $3.88 trillion, with a 24-hour volume of $165.67 billion. The price of Bitcoin is $115,076.53, and BTC market dominance is 59.1%. The price of Ethereum is $4,166.99, and ETH market dominance is 13.0%. The best-performing sector is Virtuals, which gained 18%. The Crypto Fear & Greed Index is currently Neutral (51). 📰 Top News
Bitcoin rally smashes past $116k on softer Fed bets: What changes next?Bitcoin’s upward momentum gains institutional backing, buoyed by favorable macro shifts and liquidation events. How Kraken is quietly becoming the most bankable name in cryptoAs Kraken posts record-breaking Q3 profits, up 114% year-on-year, the industry OG has gone from scrappy startup to disciplined financial institution. Bitplanet starts daily Bitcoin accumulation with 93 BTC purchase, targets 10k BTC treasuryKOSDAQ-listed Bitplanet launches a disciplined Bitcoin buy program, says the transaction is Korea’s first fully regulated BTC purchase by a public company The worst bull run ever? How institutions, memes, and macro turned crypto’s glory cycle into a grindOne frustrated altcoin trader says the quiet part out loud: this isn’t the euphoric bull cycle crypto hoped for; it’s a stripped-down reality check. 🗞️ More News
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