Bitcoin surged past $70,000, driven by inflows into ETFs and election-related speculation. Anticipations of a Trump victory, favorable to digital assets, and elevated implied volatility ahead of the US election have boosted Bitcoin. Traders are betting it could reach $80,000 by November’s end, supported by strong ETF inflows and a 66% rise in 2024.
Related Posts
CIL’s CSR spending surpasses Rs 5,570 crore in last 10 years
Coal India Ltd. has invested Rs 5,570 crore in corporate social responsibility (CSR) projects over the last ten years, focusing on education, healthcare, sports, skill […]
Sebi taps DigiLocker to ease unclaimed assets transfer
Sebi plans to leverage the government’s DigiLocker system to address unclaimed assets in the securities market. By integrating demat and mutual fund holding statements, and […]
Sebi warns investors about stock ‘games’, virtual trades
India’s market regulator, SEBI, issued a warning to investors about unauthorized entities offering virtual trading services and fantasy games based on stock prices. These platforms […]