• 9 months ago
Bitcoin rose above $65,000 briefly on Friday before trimming back to $64,917, as demand from US-listed Bitcoin ETFs continues. Net inflows of $7.35 billion have been invested in Bitcoin ETFs since their debut in January, driving prices up 186% in the last 12 months. Traders are betting on Bitcoin crossing its all-time high of almost $69,000 set in 2021, given strong ETF demand and the upcoming Bitcoin halving event. Other cryptocurrencies like Cardano and Solana also rose, up 8% and 1%, respectively. Meme coins Dogecoin and Shiba Inu surged over 20% and 34% on Bitcoin's rally and retail trader interest in volatile tokens.
Transcript
00:00 It's Benzinga and here's what's on the block. Bitcoin rose above 65,000 briefly on Friday
00:05 before trimming back to 64,917 as demand from US-listed Bitcoin ETFs continues. Net inflows of
00:11 7.35 billion have been invested in Bitcoin ETFs since their debut in January, driving prices up
00:16 186% in the last 12 months. Traders are betting on Bitcoin crossing its all-time high of almost
00:21 69,000 set in 2021, given strong ETF demand and the upcoming Bitcoin halving event. Other
00:27 cryptocurrencies like Cardano and Solana also rose up 8 and 1% respectively. Meme coins Dogecoin and
00:33 Shiba Inu surged over 20 and 34% on Bitcoin's rally and retail trader interest in volatile
00:38 tokens. For all things money visit Benzinga.com

Recommended

3:02
I
Up next
BREAKING: Renowned Tabla Maestro Zakir Hussain Passes Away At 73 in San Francisco | All About Him
Oneindia
3:04
Iran’s Fierce Challenge to HTS and Jolani; IRGC Chief Salami Vows ‘Youth Will Reclaim Syria’
Oneindia
3:34
Turkey Offers Game-Changing Military Support to Syria as Russia ‘Regroups’ Men; Will Jolani Accept?
Oneindia
7:54
The Travel Smart guide to southeast Asia
The Independent
0:32
NFL pays tribute to Taylor Swift that leaves fans ‘sobbing’
The Independent
0:55
Luigi Mangione’s mugshot emblazoned on stickers and t-shirts after UnitedHealthcare CEO murder charge
The Independent
1:31
Recently Spotted Asteroid Set for Near Miss With Earth
Wibbitz Top Stories
1:31
Spinach Recalled After Testing Positive for Listeria
Wibbitz Top Stories
1:31
Donald Trump Wants to End Taxes on Tips
Wibbitz Top Stories
11:27
Advanced Robotics Are Reshaping Medicine
Benzinga
0:36
Stanley Recalls Over 2 Million Travel Mugs Over Burn Hazard Risk
Benzinga
0:39
Broadcom Beats Q4 Earnings With AI Growth, Announces Quarterly Dividend Hike For 2025
Benzinga
0:42
Costco Tops Wall Street Estimates With Strong Q1 Earnings, Revenue Growth
Benzinga
0:47
Boeing Invests $1 Billion In Dreamliner Output Expansion
Benzinga
0:39
Luigi Mangione, Charged With CEO’s Murder, Gains Support Amid Healthcare Rage. Crowdfunding Effort Raises $31,000 For Legal Fees.
Benzinga
0:29
DOJ Indicts 14 North Koreans For Allegedly Using Fake Identities To Secure U.S. IT Jobs And Funnel $88 Million To DPRK
Benzinga
0:41
SEC Demands Settlement From Elon Musk Over Alleged Securities Fraud Linked To Twitter Deals
Benzinga
0:45
Adobe Shares Drop 14% as Revenue Guidance Misses Expectations for Fiscal Q1. Analysts Share Mixed Reactions.
Benzinga
0:35
Mysterious Drones Over New Jersey Fuel Fear As Pentagon Dismisses ' Iranian Mothership' Drone Claims
Benzinga
0:39
Arkansas Rep. French Hill Poised To Lead House Financial Panel
Benzinga
0:39
FAA Head Mike Whitaker To Step Down On Jan 20th Amid Industry Challenges
Benzinga
1:06
Warren Buffett's First Time On Television
Benzinga
0:55
Elon Musk's Net Worth Now Over $400B
Benzinga
0:41
Jeff Bezos' Amazon Pledges $1 Million To Trump's Inaugural Event, Following In The Footsteps Of Mark Zuckerberg And Meta Platforms
Benzinga
0:43
Trump Gives A Nod To Market Volatility, Tells Cramer 'A Dip Can Always Happen'
Benzinga