1. Home
  2. Bitcoin ATH

Bitcoin ATH

Bitcoin Google search spike after Trump victory signals retail investor interest

Trump’s election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.

Since the victory of United States President-elect Donald Trump, interest in cryptocurrency has spiked, with Bitcoin surging to all-time highs as his campaign promised to support the crypto industry.

Market observers say the spike in search interest and inflows suggest renewed interest among retail investors and a potential wave of new buyers ready to enter the crypto market.

Ryan Chow, co-founder and CEO of Bitcoin (BTC) staking platform Solv Protocol, told Cointelegraph that Trump’s victory is a “major catalyst for launching the next bull market.” 

Read more

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Historic: Bitcoin Breaks All-Time High as Trump Gains Ground in Prediction Markets

Historic: Bitcoin Breaks All-Time High as Trump Gains Ground in Prediction MarketsIn a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S. elections, as his chances of winning the presidential race reached […]

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach

Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of ReachPeter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […]

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO

Institutional Bitcoin products tag record AUM despite volume pulling back

Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week.

Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021.

According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weeklyreport, Bitcoin (BTC) investment products saw total inflows of $97.5 million between Nov. 8 and Nov. 12 — pushing the sector’s assets under management (AUM) up to a record $56 billion. Year-to-date (YTD) inflows also tagged $6.5 billion last week.

Bitcoin instruments represented 64.6% of the $150.9 million that flowed into digital asset investment products last week. While the record AUM coincided with BTC establishing a new all-time high of roughly $69,000 on Nov. 10, the markets have since pulled back by 10% to last trade hands for $62,100.

Despite CoinShares noting that digital asset investment products have seen inflows for 13 consecutive weeks, the sector has posted “subdued volumes” during the latter half of 2021.

According to the report, daily volumes have averaged at $750 million during the second half of the year — a 22% retracement compared to $960 million during H1 2021.

While Ethereum saw the strongest weekly inflows among altcoin-tracking products with $17.3 million, the figure marked a 44% decline week-over-week for the asset class. Despite volume drying up, CoinShares reports a record AUM of $21 billion for Ethereum products while the price of ETH posted record highs near $4,900 on Nov. 10

Cardano (ADA) ranked as a close second, taking in $16.4 million to post a 227% increase in weekly inflows. CoinShares said that it was unable to “identify a discernible catalyst” driving the surging investment into Cardano funds.

Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021.

Related: Bitcoin has stalled, but here’s why pro traders still expect $80K by January

The price of ADA also experienced a significant bounce this week, moving from around $2.00 on Nov. 8 to around $2.36 on Nov 10. However, Cardano’s price tumbled back down to $2.11 on Friday. ADA is still down 46% from it's September all-time high of $3.09.

Solana (SOL), Polkadot (DOT) and Ripple (XRP) investment products also saw inflows of $9.8 million, $5.2 million and $3.1 million respectively for the week.

Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO