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Bitcoin (BTC) Demand Surges in Bullish Catalyst That May Drive Price to $70K

Other large investors also continue to accumulate bitcoin. The total balance of bitcoin whales – or influential large holders – excluding exchanges and mining pools, has continued to expand yearly, growing to 670,000 BTC. Moreover, the growth of holdings stands above its 365-day moving average, a positive sign for prices.

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Shaurya Malwa, Sam Reynolds

https://www.coindesk.com/markets/2024/10/17/bitcoin-demand-surges-in-bullish-catalyst-that-may-drive-btc-price-to-70k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-10-17 06:09:22

bitcoin
Bitcoin (BTC) $ 84,313.59 0.53%
ethereum
Ethereum (ETH) $ 1,591.86 1.06%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.09 0.91%
bnb
BNB (BNB) $ 585.71 1.24%
solana
Solana (SOL) $ 133.13 6.18%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.244778 3.61%
dogecoin
Dogecoin (DOGE) $ 0.155792 1.58%
cardano
Cardano (ADA) $ 0.614654 1.34%
staked-ether
Lido Staked Ether (STETH) $ 1,590.12 1.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,251.57 0.61%
leo-token
LEO Token (LEO) $ 9.44 0.55%
avalanche-2
Avalanche (AVAX) $ 19.19 1.94%
chainlink
Chainlink (LINK) $ 12.43 2.20%
the-open-network
Toncoin (TON) $ 2.94 3.17%
stellar
Stellar (XLM) $ 0.236686 1.42%
usds
USDS (USDS) $ 1.00 0.01%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 2.50%
sui
Sui (SUI) $ 2.09 0.58%
wrapped-steth
Wrapped stETH (WSTETH) $ 1,910.54 1.17%
hedera-hashgraph
Hedera (HBAR) $ 0.158262 0.67%
bitcoin-cash
Bitcoin Cash (BCH) $ 330.51 3.11%
litecoin
Litecoin (LTC) $ 74.59 1.15%
polkadot
Polkadot (DOT) $ 3.63 3.04%
hyperliquid
Hyperliquid (HYPE) $ 16.37 9.24%
bitget-token
Bitget Token (BGB) $ 4.36 0.73%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.23%
ethena-usde
Ethena USDe (USDE) $ 0.999649 0.01%
weth
WETH (WETH) $ 1,594.63 1.35%
pi-network
Pi Network (PI) $ 0.604036 2.74%
monero
Monero (XMR) $ 217.64 0.32%
whitebit
WhiteBIT Coin (WBT) $ 27.78 0.09%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,697.21 1.27%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,233.57 0.42%
dai
Dai (DAI) $ 1.00 0.04%
uniswap
Uniswap (UNI) $ 5.19 0.80%
okb
OKB (OKB) $ 51.21 2.17%
pepe
Pepe (PEPE) $ 0.000007 2.15%
aptos
Aptos (APT) $ 4.64 0.99%
gatechain-token
Gate (GT) $ 22.31 0.51%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.59 0.67%
ondo-finance
Ondo (ONDO) $ 0.835724 1.74%
susds
sUSDS (SUSDS) $ 1.05 0.07%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
near
NEAR Protocol (NEAR) $ 2.02 0.13%
mantle
Mantle (MNT) $ 0.700442 0.78%
crypto-com-chain
Cronos (CRO) $ 0.084049 2.62%
internet-computer
Internet Computer (ICP) $ 4.67 1.38%
ethereum-classic
Ethereum Classic (ETC) $ 14.93 0.20%
bitcoin
Bitcoin (BTC) $ 84,313.59 0.53%
ethereum
Ethereum (ETH) $ 1,591.86 1.06%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.09 0.91%
bnb
BNB (BNB) $ 585.71 1.24%
solana
Solana (SOL) $ 133.13 6.18%
usd-coin
USDC (USDC) $ 1.00 0.00%
tron
TRON (TRX) $ 0.244778 3.61%
dogecoin
Dogecoin (DOGE) $ 0.155792 1.58%
cardano
Cardano (ADA) $ 0.614654 1.34%
staked-ether
Lido Staked Ether (STETH) $ 1,590.12 1.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,251.57 0.61%
leo-token
LEO Token (LEO) $ 9.44 0.55%
avalanche-2
Avalanche (AVAX) $ 19.19 1.94%
chainlink
Chainlink (LINK) $ 12.43 2.20%
the-open-network
Toncoin (TON) $ 2.94 3.17%
stellar
Stellar (XLM) $ 0.236686 1.42%
usds
USDS (USDS) $ 1.00 0.01%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 2.50%
sui
Sui (SUI) $ 2.09 0.58%
wrapped-steth
Wrapped stETH (WSTETH) $ 1,910.54 1.17%
hedera-hashgraph
Hedera (HBAR) $ 0.158262 0.67%
bitcoin-cash
Bitcoin Cash (BCH) $ 330.51 3.11%
litecoin
Litecoin (LTC) $ 74.59 1.15%
polkadot
Polkadot (DOT) $ 3.63 3.04%
hyperliquid
Hyperliquid (HYPE) $ 16.37 9.24%
bitget-token
Bitget Token (BGB) $ 4.36 0.73%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.23%
ethena-usde
Ethena USDe (USDE) $ 0.999649 0.01%
weth
WETH (WETH) $ 1,594.63 1.35%
pi-network
Pi Network (PI) $ 0.604036 2.74%
monero
Monero (XMR) $ 217.64 0.32%
whitebit
WhiteBIT Coin (WBT) $ 27.78 0.09%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,697.21 1.27%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,233.57 0.42%
dai
Dai (DAI) $ 1.00 0.04%
uniswap
Uniswap (UNI) $ 5.19 0.80%
okb
OKB (OKB) $ 51.21 2.17%
pepe
Pepe (PEPE) $ 0.000007 2.15%
aptos
Aptos (APT) $ 4.64 0.99%
gatechain-token
Gate (GT) $ 22.31 0.51%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.59 0.67%
ondo-finance
Ondo (ONDO) $ 0.835724 1.74%
susds
sUSDS (SUSDS) $ 1.05 0.07%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
near
NEAR Protocol (NEAR) $ 2.02 0.13%
mantle
Mantle (MNT) $ 0.700442 0.78%
crypto-com-chain
Cronos (CRO) $ 0.084049 2.62%
internet-computer
Internet Computer (ICP) $ 4.67 1.38%
ethereum-classic
Ethereum Classic (ETC) $ 14.93 0.20%