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The Marked Chart Wire · Crypto
Bitcoin
Citigroup lifted its forecast for bitcoin to $113,000 over the next 12 months, pointing to stronger economic conditions and rising demand for exchange-traded funds as key factors.
Bitcoin
The companies have used securities to fund the acquisition of nearly 136,000 bitcoin. Analysts expect this funding channel to complement the broader ETF market.
Bitcoin
Bitcoin trades near $81,500 despite $635.5 million in ETF outflows and $254 million in liquidations. Some traders see a potential 5 percent rally ahead of the weekend.
Bitcoin
Bitcoin traded near $81,061 at 12:41 PM New York time, down 4.1% from $84,496 a day earlier. US-listed stocks and funds that often move with it include MSTR, COIN, MARA, RIOT and IBIT.
Bitcoin
Bitcoin fell below $82,000 after Tesla disclosed third-quarter capital expenditures that missed expectations. The cryptocurrency had previously approached $85,000 before reversing course.
Bitcoin Miners
Shares of Riot, MARA, IREN, and Core Scientific have fallen this month due to growing concerns over credit risks associated with neocloud operations.
Polkadot
Polkadot traded near $1.03 at 12:28 PM New York time, down 8.7% from $1.13 a day earlier. US-listed stocks that often move with it include COIN and HOOD.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.