📢📢📢 Breaking news stories in the crypto world market today 🚨🚨🚨
- Blackstone, the world's largest alternative asset manager, has invested in IBIT (iShares Bitcoin Trust ETF).
- JPMorgan Chase has also announced plans to allow clients to buy Bitcoin, according to CEO Jamie Dimon.
- Panama City is considering creating a Bitcoin reserve, while Steak 'n Shake is accepting Bitcoin payments.
- Indonesian fintech firm DigiAsia Corp has announced plans to establish a Bitcoin treasury reserve.
- US lawmakers are working on crypto regulation, with some senators having invested in crypto-related companies.
- Trump's "TRUMP Gala" memecoin fundraiser could inject fresh volatility into the market. Bitcoin's institutional demand remains strong, with US spot Bitcoin ETFs recording an inflow of $329.02 million on Tuesday.
Bitcoin's current price is $108,141.56, with a recent surge taking it to a new all-time high of $111,867. The cryptocurrency has shown strong upward momentum, surpassing $109,000 and propelling it to the 5th place among global assets, ahead of Amazon and Google.
In recent Market Trends, Bitcoin's open interest has hit a new all-time high of $75.14 billion, mirroring previous bullish cycles. Analysts predict that Bitcoin could reach $112,000 to $120,000 if current trends continue.
Informative purpose only.
This is not a financial advice.
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