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Bitcoin ETF Buyers Appear to be Chasing Rally, Correlation Data Suggests

(Bloomberg) -- FOMO - fear of missing out - on Bitcoin’s recent rally appears to be helping to drive demand for the batch of exchange-traded funds approved last month to directly hold the cryptocurrency. Most Read from BloombergWall Street Caught Off Guard by ‘Sticky’ CPI Signs: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillPutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Op...
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Bitcoin Hits One Day Trading Volume of $16.09 Billion (BTC)

Bitcoin (BTC) traded 1.3% higher against the US dollar during the twenty-four hour period ending at 20:00 PM ET on February 10th. One Bitcoin coin can currently be purchased for approximately $47,736.51 on major cryptocurrency exchanges. Over the last week, Bitcoin has traded 11.1% higher against the US dollar. Bitcoin has a market cap of […]
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