Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto

    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert

    According to news sources, Coinbase is set to expand its derivatives platform…

    By
    Jane Omada Apeh
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
    Bybit MiCAR license
    NewsCryptoMarket
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    May 30, 2025
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    NewsCryptoEthereumMarket
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    May 30, 2025
  • Cryptocurrency
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    Ethereum ETF Inflows Surge to $71M, Will ETH Price Follow to $2,900?
    7 Min Read
    image 297
    Updated List: 5 Top New Meme Coins to Buy and Hold for Long Term — Last Hours of Stage 6 for a 191.6% Rising Presale
    8 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Matrixport’s Projection: U.S. Election and ETF Demand Could Propel Bitcoin to New Highs!
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Matrixport’s Projection: U.S. Election and ETF Demand Could Propel Bitcoin to New Highs!
News

Matrixport’s Projection: U.S. Election and ETF Demand Could Propel Bitcoin to New Highs!

the potential impact of the U.S. presidential election and ETF demand on Bitcoins price surge. Show the Bitcoin symbol prom
Thalia Galanis
Last updated: October 29, 2024 12:54 pm
By
Thalia Galanis
Published October 29, 2024
2 Min Read
Share

Bitcoin has surpassed the initial $70,000 target set at the beginning of the year, and according to Matrixport’s latest projection, it may continue climbing toward the end of the year. Experts suggest that the upcoming U.S. presidential election could serve as a positive catalyst for the markets, potentially driving prices even higher, especially with the growing investor demand for spot Bitcoin ETFs.

Contents
U.S. Elections and ETF Demand Driving Price GainsInstitutional Investments Fueling Rally Expectations

U.S. Elections and ETF Demand Driving Price Gains

Matrixport’s analysis highlights the U.S. presidential election as a strong momentum driver for Bitcoin. Election periods often lead to market fluctuations, with investors seeking safe-haven assets, thus boosting interest in Bitcoin. Meanwhile, the robust demand for spot ETFs plays a crucial role in this upward trend, as investors increasingly prefer long-term positions through these ETFs, supporting a sustained upward price movement.

GbCasdXbQAAsW7Y

Institutional Investments Fueling Rally Expectations

With the rising popularity of spot Bitcoin ETFs, many institutional investors are expected to disclose their Bitcoin positions in upcoming 13F reports. Matrixport’s report suggests that long-only investors focused solely on long-term holdings could fuel further demand for Bitcoin, potentially sustaining a rally through year-end.

Bitcoin’s recent strong performance has drawn significant attention in global markets. Factors such as the U.S. election and increasing ETF demand indicate that the leading cryptocurrency could continue appreciating until year-end.

Currently, Bitcoin is trading at $70,975, up 3.82% in the last 24 hours. Experts predict that it could surpass its all-time high of $73,750 this week, reflecting a promising outlook. Dey There will continue to track these developments closely as Bitcoin aims for new milestones.

Bitcoin, U.S. election, spot Bitcoin ETFs, Matrixport, institutional investors

Advertising

For advertising inquiries, please email . [email protected] or Telegram

FOMO Frenzy in Popular Altcoin! Cardano Captivates Retail Investors

Dogecoin and Major Cryptos Slide Amid U.S. Economic Data

Arctic Pablo Coin Presale Hits $0.000063: A Golden Opportunity Amid Mog Coin & TRUMP Meme Coin’s Rise!

Brokoli Memecoin Craze Shakes Up the Crypto Market!

Why Is BNB Price Rising? Key Technical Insights

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article the recent surge in Bitcoins price and its impact on the crypto market highlighting large scale liquidations. Show Bitcoin sy Bitcoin’s Surge Wipes Out $240 Million from Crypto Market!
Next Article IOTA Holders May Soon Use Tokens as Stablecoin Collateral – Here’s What It Means IOTA Holders May Soon Use Tokens as Stablecoin Collateral – Here’s What It Means
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)