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BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out

Coinedition LogoCoinedition11h ago

BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out - Coinedition

Quick Summary:

Bitcoin has recently surged to near the $100,000 mark, sparking excitement among investors eager to see it break this key psychological barrier.

After briefly touching a high of $99,600 last week, Bitcoin currently trades just under $96,150.

While the optimism surrounding Bitcoin’s price movement is palpable, some strategists remain cautious about whether the momentum can […]


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BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out - Coinedition (Picture 1)

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Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 13:20:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 126 words

Reading Time: 1 minutes read

Sentences: 53 lines

Sentence Length: 3 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 23946715

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out" has 126 words across 53 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "BTC Near $100K: Institutions Buy In, Yet Long-Term Holders Cash Out" was covered 11 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 15 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

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  • News ID: #23946715
  • URL: https://beamstart.com/news/btc-near-100k-institutions-buy-17328886256147

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