Bitcoin<\/a> started the week with a solid move above its 200-day average, peaking just below 89k on Monday. However, it failed to overcome the next milestone \u2013 the 50-day average \u2013 outright.<\/p>\nAt this stage, the recovery may be helped by the positive dynamics of the stock market, shifting the balance in favour of buyers. Successfully overcoming the 90,000 level will open a fast track to 97,000, where there was a previous long consolidation. If FOMO joins this uptrend, we could see a move to all-time highs before the summer even begins.<\/p>\n
Crypto News<\/h2>\n According to CoinShares, global crypto fund investments rose $644 million last week after five weeks of outflows totalling $6.4 billion. Bitcoin investments increased by $724 million, XRP by $6.7 million and Solana by $6.4 million. Ethereum investments decreased by $86 million.<\/p>\n
Strategy bought 6,911 BTC worth $584.1 million at an average price of $84,529 per coin. The company owns 506,137 BTC,\u00a0bought at an average price of $66,608. \u00a0The total investment is valued at $33.7 billion.<\/p>\n
Japan-based Metaplanet bought 150 BTC for $12.6 million following the appointment of Eric Trump, the\u00a0son of the US president, to its strategic board. The company\u2019s total crypto assets reached 3,350 BTC ($291.3 million). Metaplanet plans to accumulate 10,000 BTC by the end of 2025.<\/p>\n<\/div>\n
[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"
[ad_1] Bitcoin started the week with a solid move above its 200-day average, peaking just below 89k on Monday. However, it failed to overcome the next milestone \u2013 the 50-day average \u2013 outright. At this stage, the recovery may be helped by the positive dynamics of the stock market, shifting the balance in favour of buyers. Successfully overcoming the 90,000 level will open a fast track to 97,000, where there was a previous long consolidation. If FOMO joins this uptrend, we could see a move to all-time highs before the summer even begins. Crypto News According to CoinShares, global crypto fund investments rose $644 million last week after five weeks of outflows totalling $6.4 billion. Bitcoin investments increased by $724 million, XRP by $6.7 million and Solana by $6.4 million. Ethereum investments decreased by $86 million. Strategy bought 6,911 BTC worth $584.1 million at an average price of $84,529 per coin. The company owns 506,137 BTC,\u00a0bought at an average price of $66,608. \u00a0The total investment is valued at $33.7 billion. Japan-based Metaplanet bought 150 BTC for $12.6 million following the appointment of Eric Trump, the\u00a0son of the US president, to its strategic board. The company\u2019s total crypto assets reached 3,350 BTC ($291.3 million). Metaplanet plans to accumulate 10,000 BTC by the end of 2025. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":40159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-40158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t