
Tags: BTC
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Bitcoin’s ebullient rally to all-time high prices in July might be more proof the cryptocurrency is set to change the world.
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The end of another week has arrived, which means another round of Bitcoin and Ethereum options contracts are expiring as spot markets rally.
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A correction to $110K could provide Bitcoin’s rally with needed consolidation, QCP said in its latest update.
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Sustained institutional inflows and reduced short-term selling suggest a more stable market, potentially clearing the path for further Bitcoin price increases.
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Ethereum is emerging as the cycle’s next leg as Bitcoin consolidates.
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Santiment observed that money is flowing into spot Bitcoin ETFs at a record pace.
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Dormant BTC move as whales lock in $4 billion in profits.
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Bitcoin prices could surge a further 70% if just a fraction of global institutional capital flows into the asset.
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