BREAKING
218d 13h ago

54 Entities Boost Bitcoin Holdings with 8,434 BTC Treasury Purchases This Week

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

This week witnessed a significant surge in institutional interest as 54 entities publicly disclosed their Bitcoin treasury acquisitions, collectively purchasing 8,434 Bitcoins. This uptick in accumulation highlights a growing trend among corporations and investment funds to diversify portfolios with digital assets. The strategic increase in Bitcoin holdings underscores confidence in its role as a hedge against macroeconomic uncertainties and inflationary pressures. Market analysts suggest that such aggregated buying activity could influence Bitcoin’s liquidity dynamics and price stability in the near term. Investors and financial professionals should monitor these treasury movements closely, as they provide critical insights into institutional sentiment and potential market trajectories.

Share News:
Don't Miss Breaking News