The world’s largest cryptocurrency, Bitcoin, teased close to its all-time high of $74,000 on October 30, touching as close as $72,480 as of 6 am in London, according to a Bloomberg report.
The token was close to its all-time peak recorded in March — $73,798 — and has seen a 73 per cent hike this year, galloping ahead of gold and equities in terms of returns.
US Bitcoin ETFs Get Third-Highest Inflow
Further, US Bitcoin exchange-traded funds (ETFs) saw their third-highest daily inflow of $870 million on October 29, Bloomberg data showed. Total subscriptions in the 12 funds, including those issued by BlackRock and Fidelity, have combined exceeded $23 billion, it added.
And Nick Forster, founder of crypto trading platform Derive.xyz, in a note, said that he sees signs of Bitcoin options having around “a one-third chance” of moving over 10 per cent upwards in price on election day…
