Bitcoin hits $71K – Will Uptober, FOMO fuel a new ATH this week?

Quick Summary:

Bitcoin could form an ATH before the end of Uptober after the recent rally fueled FOMO.

As Bitcoin attracts new interest from both retail and institutional investors, its market dominance over altcoins has continued to soar.

US spot Bitcoin ETFs collectively hold $68.47 billion worth of assets, which is 4.9% of Bitcoin’s supply.

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Article Details

Author / Journalist: Muthoni Mary

Category: Crypto

Markets: United States

Topics: Social Bitcoin News News 1 BTC Trading View Trading View

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 11:30:26 (3 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23325906

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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