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Ethereum, to me, is really gonna be where Wall Street meets crypto,” Tom Lee of BitMine Immersion Technologies told NYNext.
BENGALURU: With increasing institutional participation and pro-crypto stance by US President Donald Trump's administration, Bitcoin has touched an all-time high of over $1,18,000 on Friday, and is nearing the $120k mark.
Coinbase stock hit record high of $389 despite H.C. Wainwright's double downgrade warning of weak Q2 earnings.
The bitcoin price surge is fueled by rising US demand, strong ETF inflows, and increased corporate adoption, reaching new all-time highs.
Stock futures are lower Friday morning as investors digest the latest threats from President Donald Trump to impose hefty tariffs on U.S. trading partners.
What's behind the surge? Two words: whale buying. Large investors—often institutions—have been spotted moving big sums into Coinbase-linked wallets, according to blockchain data providers. This comes as spot Bitcoin ETFs continue to post strong inflows, signaling broad market participation, not just meme-fueled trading.
Due to rising costs, many people think they might not ever be able to afford a house. Bitcoin could change all that and make home ownership a reality.
H.C. Wainwright downgraded the crypto exchange to sell from buy, taking note of slowing spot trading activity and an overdone rally.
Bitcoin rockets past $116,000 in a historic rally fueled by short liquidations, Fed rate cut bets, and Trump’s tariff talk — marking a new era for crypto market momentum.