Benzinga
Benzinga
  • 21 hours ago
Bitcoin soared past $71,000 in Asian markets on Tuesday, marking a 5% jump in 24 hours, per CoinGecko. The rally follows the liquidation of $143 million in short positions, signaling trader confidence in a strong outcome for the crypto market. Whale activity on Binance has fueled strong buying demand, with Bitcoin ETFs experiencing substantial inflows over recent weeks. Major cryptos like Dogecoin and Ethereum also surged.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bitcoin soared past $71,000 in Asian markets on Tuesday,
00:06marking a 5% jump in 24 hours per CoinGecko.
00:10The rally follows the liquidation of $143 million in short positions,
00:14signaling trader confidence in a strong outcome for the crypto market.
00:18Whale activity on Binance has fueled strong buying demand,
00:22with Bitcoin ETFs experiencing substantial inflows over recent weeks.
00:26Major cryptos like Dogecoin and Ethereum also surged.
00:30For all things money, visit Benzinga.com slash GSTV.

Recommended

24:22
I
Up next
U.S Election 2024: Will Key States Decide Harris vs. Trump as Election Hangs by a Thread?
Oneindia
10:46
Diwali 2024: India Prepares For Grand Celebrations, What's Selling Fast and What's Expensive| Watch
Oneindia
19:27
Delhi's Air Quality Crisis: Science Behind It, Health Implications, Actionable Solutions & more
Oneindia
0:35
Bitcoin Crashes Below $50K Briefly, Crypto Market Records Over $1B In Liquidations In 24 Hours
Benzinga
1:02
Surprising Stats That Highlight the Power of Social Media (Social Media Day, June 30)
Wibbitz Top Stories
0:51
Bitcoin, Ethereum, Dogecoin In Full Meltdown As Mt.Gox Moves $2.7B To New Wallet: Bitcoin Declines To $51K Feared By Analyst
Benzinga
0:39
X Users Claim To Earn Thousands By Sharing Misinformation and AI-Generated Images
Benzinga
0:58
Bitcoin Smashes $70K, Ethereum Pumps 12% On ETF Approval Bombshell: 'Odds Of Approval 75%,' Tweets ETF Analyst
Benzinga
0:42
Floating Island Of Garbage Fallout: Kamala Harris Receives Endorsement From Puerto Rico's Largest Newspaper
Benzinga
0:42
Trump Promises Tariff On Imported Goods. U.S. Importers Say Costs Will Fall On American Consumers.
Benzinga
0:42
Bitcoin Hits New High of $65,000 as Demand Soars from US Bitcoin ETFs
Benzinga
0:44
Trump's Billionaire Ally Plans To Join Elon Musk's DOGE If Named Treasury Secretary, Recommends Elimination Of These Subsidies
Benzinga
0:50
BlackRock's Larry Fink Warns Against Overly Optimistic Fed Rate Cuts, Cites High 'Embedded Inflation' And Predicts Only 1 Reduction This Year
Benzinga
0:54
This Day in History: John F. Kennedy Is Assassinated
Wibbitz Top Stories
0:47
Bitcoin Crosses The $40K Threshold — Ethereum Spikes Too: FUD, FOMO To Dictate Whether $50K Arrives 'Sooner Rather Than Later,' Says Market Intelligence Platform
Benzinga
2:37
Alphabet Q3 Earnings Highlights: Revenue Beat, EPS Beat, Google Cloud Up 35%, 'Momentum Across The Company Is Extraordinary'
Benzinga
3:24
Eli Lilly Q3 Earnings: Mounjaro Sales More Than Double, Takes $2.98 Billion Hit To Profit, Cuts Annual Outlook, Stock Tanks
Benzinga
3:20
Super Micro Computer Shares Plunge 35% As Auditor Resigns After Raising Concerns Months Earlier
Benzinga
0:45
Bitcoin Whales Reportedly Accumulate Nearly $23B Worth Of BTC In A Month: 'Something Is Happening Behind The Scenes'
Benzinga
0:45
Bitcoin Rallies to $68,000, Highest Level Since July
Benzinga
0:36
Bitcoin Jumps Above $18,000 as Market Value Plummets
Benzinga
1:30
Bitcoin Regains $1 Trillion Market Cap
Wibbitz Top Stories
0:49
Dogecoin Gains Steam as Crypto Market Recovers
Benzinga
0:41
Bitcoin Surges On MicroStrategy's Bold Purchase; Ethereum and Dogecoin Follow Suit: Analyst Sees ETH Hitting $3,500 After SEC Acknowledges Fidelity Spot ETF Filing
Benzinga
0:32
Bitcoin Volatility Triggers $550 Million in Crypto Futures Liquidations
Benzinga