Publicly available reports from major Bitcoin ETFs or financial news outlets

Bitcoin Surges 140% in a Year, Nears All-Time High at $67,800

Oct 16, 2024, 09:16 PM

Bitcoin has experienced a significant surge, rising nearly 140% in the past year. The cryptocurrency has maintained its status as a trillion-dollar asset for over a year. A new report from CryptoQuant indicates that Bitcoin prices are poised for further increases. The crypto industry is seeing a sector-wide rally, pushing Bitcoin's price close to its all-time high. Bitcoin is currently valued at $67,800, with ETFs purchasing 5,676 Bitcoins and miners producing 450 Bitcoins.