From Investing.com

November 08, 2024 02:00:23 PM:

Bitcoin’s price surge excites the crypto community, with MicroStrategy’s Michael Saylor signaling readiness for the rally. Federal Reserve’s interest rate cut fuels Bitcoin’s three-day rally, surpassing $76,000 and setting new all-time highs. Current price hits $76,999, with market optimism as Bitcoin trades at $76,160, up 2% in 24 hours and 7% in a week.

After months of stagnation, Bitcoin hits fresh all-time highs this week. Options markets show increased volatility as on-chain capital inflows rise. U.S. Bitcoin ETFs experience record demand, with a daily net inflow of $1.38 billion. Bitcoin Realized Cap climbs by 3.8% in the last 30 days, reaching an ATH of $656 billion.

Market excitement grows as Bitcoin’s price surges, hitting all-time highs. Federal Reserve’s interest rate cut boosts Bitcoin’s rally, with prices reaching $76,999. Options markets indicate rising volatility, while U.S. Bitcoin ETFs see unprecedented demand. Bitcoin Realized Cap rises by 3.8% in 30 days, signaling strong capital inflows.

Read more at Investing.com: Ready to Go? Michael Saylor Reacts as Bitcoin (BTC) Nears Historic Highs By U.Today