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Ethereum Price Soars: Trump Effect, ETF Inflows, and Institutional Favor Drive SurgeEthereum's price is experiencing a significant rally, with investors betting it will surpass its all-time high from three years ago, fueled by the momentum of Bitcoin breaking the $100,000 mark. This surge is driven by a confluence of factors, including the outcome of the US presidential election, record inflows into Ethereum exchange-traded funds (ETFs), and a shift in institutional investor preferences

Bitcoin Breaks $100,000 Barrier! Trump Effect and Institutional Investment Fuel Crypto Market SurgeOn December 5th, Bitcoin's price surged past the $100,000 mark, experiencing a 4% intraday increase and setting a new all-time high. This remarkable jump is even more striking considering Bitcoin's astonishing 138% year-to-date gain

Bitcoin Spot ETF Attracts a Flood of Money: $354 Million Net Inflow in a Single Day, Fueled by the "Trump Effect"Recent data reveals that on December 2nd, Bitcoin spot ETFs experienced a total net inflow of $354 million, bringing their total net asset value to $103.91 billion

Gold and Bitcoin: Price Volatility and Market Sentiment Under the Trump EffectRecently, the price movements of gold and Bitcoin have captivated global markets. After a significant ~10% correction following Trump's election, gold prices have rebounded for five consecutive days the first such streak since March successfully breaking above the 50-day moving average ($2664)

Bitcoin Suffers Another Major Plunge, Over 148,000 Liquidated: Halving Effect Continues to Ferment, Market Risks IntensifyOn October 26th, Bitcoin prices saw another significant drop, falling nearly 4% at one point. According to data from Coinglass, the virtual currency market experienced a collective decline, with Ethereum falling over 3

Bitcoin Soars to New Highs, Trump Effect Fueling Market Sentiment?Bitcoin's price has surged in recent days, approaching its all-time high of $74,000 set in March. On Tuesday, Bitcoin reached $73,564 in New York trading, though it pulled back below $73,000 in early Asian trading on Wednesday, it remains on a strong upward trajectory

Bitcoin Hits New High, Market Cap Surpasses Tesla: Musk Effect Fuels Frenzy Amid Inflation ExpectationsOn February 9, 2021, at 8:00 AM, Bitcoin broke through its previous all-time high, reaching a peak of $47,480.8 and pushing toward the $50,000 mark

Can Bitcoin defy the "September Effect" curse?As the world's largest cryptocurrency by market capitalization, Bitcoin is facing a critical test this September. Historical data suggests that September has not been a kind month for Bitcoin, with the "September Effect" - a phenomenon of negative returns frequently occurring in this month, raising concerns about whether this year will see a repeat

German Government's Massive Bitcoin Sell-Off Triggers Market Panic: A "Butterfly Effect" From Mt.Gox Repayment PlanThe cryptocurrency market has recently been in turmoil, with Bitcoin prices plummeting amidst widespread panic

Bitcoin Hits New High: ETF-Fueled Rally Gains Momentum from Halving EffectOn March 5, 2023, Bitcoin's price surged past $69,000, setting a new all-time high and marking a staggering 62.64% gain year-to-date

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From the developments this week, it can be seen that although Bitcoin prices have recouped their October gains, they remain within a narrow range. As of the time of writing, the trading price of Bitcoin was $26798, fluctuating between the resistance level of $28000 and the support level of $26750