Investors continued to buy risk assets on Wednesday, including growth stocks, tech stocks, and cryptocurrencies, following a sharp move higher on Tuesday. And as highly correlated assets, it’s no surprise they’re all up in unison today. The move in crypto is largely because of macroeconomic news, rather than anything about crypto itself. Bitcoin (CRYPTO: BTC)…

Large institutional investors, including sovereign wealth funds and major insurance pools, added Bitcoin (BTC) exposure throughout April as part of broader portfolio strategies tied to macroeconomic shifts, according to Coinbase institutional head of strategy John D’Agostino.  During an interview on CNBC’s Squawk Box, D’Agostino highlighted how these traditionally conservative capital allocators are approaching Bitcoin amid…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin briefly crosses $94,000 for the first time since March 3. Plus, PayPal plans to pay interest rewards for holders of its PYUSD stablecoin. And, Ian Balina of Token Metrics discusses what trends he’s watching…

Investors continued to buy risk assets on Wednesday, including growth stocks, tech stocks, and cryptocurrencies, following a sharp move higher on Tuesday. And as highly correlated assets, it’s no surprise they’re all up in unison today. The move in crypto is largely because of macroeconomic news, rather than anything about crypto itself. Bitcoin (BTC 2.79%)…

Key Takeaways: Bitcoin short-term holders are back in profit, increasing chances for a rally to $100,000. Long-term holders added 363,000 BTC since February, with new buyers injecting capital in April. Bitcoin sell pressure risk exists at $97,000, where 392,000 BTC could be sold. Bitcoin’s (BTC) surge above $91,700 on April 22 pushed its value above…

In brief American Bitcoin ETFs collectively saw about $913 million worth of inflows on Tuesday. The last time they received such a high amount of cash was on January 17. The price of Bitcoin was trading above $93,000 on Wednesday after falling below $75,000 earlier this month. Investors plowed nearly $913 million into spot Bitcoin…

The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in the last seven days, trading at $93,600 for the first time since…

In brief Bitcoin was hovering above $93,000 in Wednesday afternoon trading. Ethereum rose more than 5.3% to outpace Solana. Investors shrugged off the Trump administration’s latest zigzag on trade tariffs. The price of Bitcoin added to yesterday’s gains, despite dipping earlier Wednesday after the Trump Administration’s latest zigzag on trade. The leading cryptocurrency was recently…

Bitcoin prices surged this week, increasing from $84,100 on Monday to $93,549 at the time of the most recent market update. This 6.5% increase over a 24-hour period occurs as the cryptocurrency is seen breaking its historical link with tech stocks, market analysts say. Bitcoin And Gold Chart Different Paths From Traditional Markets Eric Balchunas,…

A top Coinbase executive says that investors who missed out on gold’s massive rally may start flooding into Bitcoin (BTC). In a new interview on CNBC Squawk Box, John D’Agostino, Coinbase’s head of institutional strategy, says Bitcoin is an attractive asset for investors looking for a gold alternative as a hedge against inflation. “I spoke…