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The cryptocurrency market bounced back on Tuesday, with Bitcoin (BTC) racing past $93,000 to hit a seven-week high. Cryptocurrencies have been suffering lately as part of the broader market slump, triggered by President Donald Trump’s tariff policy that has raised uncertainty over the economy’s future. However, the broader market rallied on Tuesday, powered by optimism…
Bitcoin momentarily climbed to become the world’s fifth most valuable asset, edging past Google’s parent company, Alphabet, in a short-lived but symbolic flip. According to data from CompaniesMarketCap, Bitcoin’s valuation reached approximately $1.87 trillion, just ahead of Alphabet’s $1.859 trillion. The achievement sparked excitement across the crypto industry, with analysts viewing it as a sign…
Photo: Win McNamee (Getty Images) In This Story Bitcoin continued it torrid trading streak, flirting with $94,000 on Wednesday morning, despite a robust stock market rally. Some investors have been pulling money out of stocks and stashing them in gold and crypto, which have sent the values of both soaring. How Trump’s tariffs could make…
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Bitcoin may no longer be the rebellious outsider in finance. In 2025, it’s increasingly the asset of choice for institutional heavyweights. With Bitcoin trading above $93,000 near the end of April, the world’s largest cryptocurrency is now firmly embedded in Wall Street’s strategies — a shift fueled by increased ETF flows, regulatory clarity, and geopolitical…
Key Notes Bitcoin ETFs saw $936M in daily net inflows, marking the highest increase since Trump’s inauguration. Ethereum ETFs attracted $38.7M in daily net inflows, signaling strong investor interest. ARKB and FBTC led Bitcoin ETFs with the highest daily inflows, pushing total weekly inflows over $1B. Recently, both US spot Bitcoin and Ethereum exchange-traded funds…
A new cryptocurrency investment push is underway, with Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, partnering with crypto powerhouses Tether USDT/USD, Bitfinex and Japanese investment giant SoftBank to launch a multibillion-dollar Bitcoin BTC/USD-focused venture. What Happened: Quoting sources familiar with the initiative, the Financial Times reported on Tuesday that the group aims to…
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Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to secure short-term funding for its ongoing expansion. The publicly traded mining firm said in a press release it would draw on the facility over the next two months. The deal offers Riot, which…