Cryptocurrency News Today TheBitTimes.com

Bitcoin’s (BTC) price hit an all-time high of $103,000 today, placing it squarely at the head of a global crypto market worth a colossal $3.88 trillion. At $2.04 trillion, the currency makes up 52.44% of crypto’s global market cap, according to Coingecko.   BTC rivals ether, XRP, and tether trail the world’s dominant crypto by some distance, representing 11.9%, 3.9%, and 3.6% of the global crypto market respectively.   At $2.04 trillion, bitcoin makes up 52.44% of crypto’s global market cap. Read more: Bitcoin has hit $100,000 and is the world’s 7th largest asset Trump claims credit for $100K bitcoin high BTC crossed the $100,000 threshold in the early hours of Thursday morning and triggered a range of celebratory posts from execs, pundits, and crypto enthusiasts.  What was a little more unexpected, however, was President Donald Trump not only celebrating the milestone but also claiming credit for it. On his social media platform Trut...

Valkyrie’s BTF, the most sought-after among futures ETF offerings, stands out by tracking a hybrid blend of Bitcoin and Ether. This dynamic asset has amassed an impressive total trading volume, tallying up to a substantial $882,000. It’s noteworthy to mention that BTF initially operated as a Bitcoin-only futures ETF since October 2021 but strategically adapted by incorporating Ether. However, the debut trading volumes of Ether ETFs pale in comparison to the ProShares Bitcoin Strategy ETF (BITO), which made its entrance in October 2021 amidst a fervent crypto market. BITO marked a remarkable feat, witnessing an astonishing trading volume exceeding $1 billion on its inaugural day. Relatedly, the impending listing of the VanEck Ethereum Strategy ETF on the CBOE exchange adds intrigue to the evolving landscape. Yet, it’s important to underline that, when viewed in the context of traditional finance ETF launches, the volume of these ETFs is indeed quite substantial. ...