Bitcoin briefly rose above $116,000 on Friday after fresh US inflation data fueled expectations of a Fed Reserve interest rate cut, lifting risk assets across the board. Ether rose 2.5% to $4,519, while the overall crypto market added 1.5% to $4.1 trillion. The gains followed a week of closely watched economic releases that reinforced a shift in market sentiment. Producer price index data earlier this week showed wholesale inflation unexpectedly declined 0.1%, against forecasts for a 0.3% increase. That ...

By one projection, two of the world's preeminent digital assets can roughly quadruple in value over the next three years. Over the last century, no asset class has come particularly close to matching stocks on an annualized return basis. But over the last decade, cryptocurrencies have run wild and left the stock market's major indexes in their dust. Although the vast majority of the digital currency landscape is highly speculative, the largest cryptocurrencies and blockchain projects are garnering the atten ...

Core Insights - The trading of spot Bitcoin ETFs has been ongoing for approximately 18 months, indicating a growing acceptance and interest among investors in gaining direct exposure to Bitcoin [1] Group 1 - Investors have shifted their focus from the specific details of individual ETFs to a broader preference for obtaining direct exposure to Bitcoin [1]