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Bitcoin Hits New Highs in UPtober
Bitcoin prices are on watch today with the futures market seen printing a new record high of $125,450 earlier. The market has been on a steady run higher over the last week with BTC currently enjoying its sixth consecutive day in the green. The move comes amidst a firming up of traders’ dovish Fed expectations and has been helped by the uncertainty around the US government shutdown. Indeed, the latest industry data shows that Bitcoin ETFs recorded their second largest weekly net-inflows last week of $3.2 billion. The surge in institutional demand reflects the growing view that the market is primed for a fresh bull ... (full story)
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