Institutional investors bought the dip despite Bitcoin’s steep crash below $50,000
According to market experts, traders expect a "bullish second half of the year" with options placing the price between $90,000 and $100,000.
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The crypto market recorded a significant surge as New York trading began, climbing to new monthly highs despite most equities falling at the same time.
Arkham's tracker now shows a zero balance for the German government's Bitcoin holdings, marking a significant shift in the crypto landscape.
Bitcoin fell below key support levels following the Mt. Gox announcement, but analysts believe the fear is being blown out of proportion.
Mt. Gox’s repayment plan may ripple through Bitcoin market, prompting concerns.
Ethereum led the rally over the past hour after a staggering 14.5% surge to $3,518 as of press time.
Data from Kaiko Research shines light on various trends.