Bitcoin Data News Today

In the ever-evolving world of cryptocurrencies, Bitcoin stands as a pioneer and the most recognized digital currency. Its decentralized nature and

By Katie Greifeld The cryptocurrency market’s little guys are going toe-to-toe with the big banks as Bitcoin continues to surge to new highs, data compiled by JPMorgan Chase & Co. suggest. Using Square and Paypal data as a proxy, retail investors have purchased over 187,000 Bitcoins so far this quarter, compared to roughly 205,000 last quarter, strategists including Nikolaos Panigirtzoglou wrote in a Friday report. Meanwhile, institutions have bought about 173,000 of the world’s largest cry...

Bitcoin’s record-breaking rally has come with some extreme moves, but by one measure, it’s not as chaotic as 2017. For instance, on a rolling 60-day basis, the swings in Bitcoin are generally smaller now than when Bitcoin was peaking in 2017. Part of the reason is that prices have steadily climbed for the last year, and the January selloff was orderly. What makes the current run-up different than four years ago is a wider belief that Bitcoin will develop into mainstream asset class and ...