Bitcoin To ‘$100,000 Is ‘Programmed:’ Dogecoin, Bonk To Benefit, Veteran Trader Says
Posted On November 20, 2024
Bitcoin’s (CRYPTO: BTC) approach toward the psychological $100,000 mark has sparked interest, with inflows into spot ETFs and IBIT options trading contributing to optimism.
Statistics: Lookonchain data shows the spot Bitcoin ETFs recording a net inflow of 9,363 BTC ($884.9 million) on Tuesday.
Spot Ethereum ETFs reported a net outflow of 26,071 ETH ($81.16 million).
Ark21Shares‘ (BATS:ARKB) led Bitcoin inflows with 2,871 BTC, increasing its holdings to 49,699 BTC, while Fidelity‘s (BATS:FETH) reported the highest outflows of 15,000 ETH.
Bloomberg analyst …
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