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Why is Bitcoin rising?

Bitfinex 04 Mar 2024
The recent introduction of Bitcoin Exchange-Traded Funds (ETFs) has injected a new dynamic into the cryptocurrency market, particularly evident in the remarkable surge in trading volumes witnessed this week. Retail traders, in particular, are using these ETFs to tap into Bitcoin’s ongoing rally, which saw the cryptocurrency breach the $60,000 mark for the first time since November 2021.

Bitcoin Price Shoots Past $65,000 amid Boost in BTC Futures Open Interest

Coinspeaker 04 Mar 2024
Bitcoin Price Shoots Past $65,000 amid Boost in BTC Futures Open Interest. The world’s largest cryptocurrency Bitcoin (BTC) is inching closer to hitting a new all-time high with its price shooting past a staggering $65,000. At press time, Bitcoin is trading 4.99% up at $64,950 with a market cap of $1.2777 trillion ... Since their debut, these US Bitcoin ETFs have attracted net inflows totaling $7.35 billion.

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Latest Prices

# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

Biggest Gainers

# Name Price Volume (24h) % Change (24h)

Losers

# Name Price Volume (24h) % Change (24h)

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Latest News for: Gulf Bitcoin

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Why is Bitcoin rising?

Bitfinex 04 Mar 2024
The recent introduction of Bitcoin Exchange-Traded Funds (ETFs) has injected a new dynamic into the cryptocurrency market, particularly evident in the remarkable surge in trading volumes witnessed this week.
Edit

Bitcoin Price Shoots Past $65,000 amid Boost in BTC Futures Open Interest

Coinspeaker 04 Mar 2024
Bitcoin Price Shoots Past $65,000 amid Boost in BTC Futures Open Interest. The world’s largest cryptocurrency Bitcoin (BTC) is inching closer to hitting a new all-time high with its price shooting past a staggering $65,000.
Edit

Bitcoin (BTC) Price Jumps Past $64,000 Again, Key Levels to Watch

CoinGape 04 Mar 2024
On Sunday, March 3, the world’s cryptocurrency Bitcoin (BTC) surged past $64,000 once again, however, faced rejection again above those levels. At press time, the Bitcoin price is up 2.80% trading at $63.790 with a market cap of $1.253 billion.
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Unveiling the Potential of Bitcoin: A $10 Million Future by 2045

Coinnounce 04 Mar 2024
Giovanni Santostasi, a former physics professor, brings a revolutionary perspective to Bitcoin's future valuation through his "power law" model, predicting a staggering 6300% increase over the next 15 years.The Science Behind the Prediction.
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Qatar May Have Added Bitcoin (BTC) to Its Reserves, Says Scaramucci

CoinGape 04 Mar 2024
Skybridge Capital founder Anthony Scaramucci recently tweeted that Qatar may have added Bitcoin (BTC) to its reserves, and would be the first Middle Eastern country to do so ... Max is saying Qatar may have added #Bitcoin to their balance sheet.
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BlackRock's Bitcoin ETF Shatters Records: $10B in 7 Weeks

Coinnounce 04 Mar 2024
In an unprecedented display of investor interest, BlackRock’s iShares Bitcoin Trust (IBIT) has shattered growth records by amassing $10 billion in assets under management (AUM) in just over seven weeks ... Bitcoin vs.
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Bitcoin Ordinals Volume Hits $50 Million, NFT NodeMonkes Price Rally

CoinGape 04 Mar 2024
Bitcoin ordinals are once again gaining the limelight with their trading volumes skyrocketing over the last weekend. On the other hand, the demand for Bitcoin-based NFTs has also skyrocketed in recent times.
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Exchanges witness unprecedented massive Bitcoin daily withdrawals

Cryptopolitan 04 Mar 2024
Bitcoin withdrawals from exchanges are happening at a pace we haven’t seen in years, indicating a bustling activity that could signal a bullish future for the cryptocurrency ... Bitcoin investors.
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Bitcoin Earns High Praise: Scaramucci Labels It As 21st Century’s ‘Berkshire Hathaway’

Bitcoinist 04 Mar 2024
Renowned investor and founder of SkyBridge, Anthony Scaramucci, has once again expressed his firm belief in the transformative power of Bitcoin ... It is still very very early for Bitcoin ... Bitcoin ... Bitcoin’s Market Performance And Resistance Levels.
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Qatari Emir’s Private Jet Spotted in Madeira Amid Bitcoin Conference

Coin Edition 04 Mar 2024
Anthony Scaramucci hints at Qatar’s adoption of Bitcoin, bolstering the prevailing rumors. The Emir of Qatar’s private jet was spotted at the Bitcoin Atlantis conference, hinting at Qatar’s interest in BTC.
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Bitcoin passes $65,000 as liquidations surge and halving approaches

Cryptoslate 04 Mar 2024
Bitcoin recently reached a year-to-date high of approximately $65,500 during European trading hours. Bitcoin new YTD high (Source ... This resurgence brings Bitcoin within 8% of its all-time fiat value ...
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Breaking: Bitcoin (BTC) Price Breaks $65K, Ethereum (ETH) Tops $3,500

CoinGape 04 Mar 2024
Bitcoin and Ethereum are making headlines with their surges in value. Bitcoin’s recent break above $65,000 and Ethereum’s price surpassing of the $3,500 mark signify remarkable milestones in the cryptocurrency market.
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Bitcoin (BTC) Price Touches $64K, Nearing All-Time Highs As Halving Approaches

Bitcoin World 04 Mar 2024
Bitcoin (BTC) price surged over 10% to a new yearly all-time high of $64K on February 28 as halving approaches. Bitcoin (BTC) price surged over 10% to a new yearly high of $64,000 on February 28 ... Bitcoin Hits All-time High Prices in Over 30 Countries.
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Stacks (STX) and Internet Computer (ICP) prediction as BTC breakout nears

Invezz 04 Mar 2024
Stacks (STX) price continued their robust performance during the weekend as Bitcoin prepared its bullish breakout ... Bitcoin price to lead the charge ... Internet Computer launched ckBTC in 2023 to help developers in its ecosystem build using Bitcoin.
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Bitcoin at $63K, Investors Eye the All-Time High at $69K

Coin Edition 04 Mar 2024
Bitcoin is trading at $63,500 and is just 7% away from its all-time high ... Bitcoin (BTC), the world’s largest digital currency, ... Furthermore, the market capitalization of Bitcoin stands at $1.2 trillion.
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