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Bitcoin surges 40% in its best quarter since late 2024
Bitcoin has surged 40% this quarter, marking its best performance since Q4 2024. The rally is largely attributed to the U.S. Treasury's announcement of a debt buyback program, which aims to lower bond yields. Since the Treasury's announcement on August 19 to more than double its government debt repurchases, Bitcoin's price is up nearly 30%. The cryptocurrency has also benefited from a weakening dollar and renewed interest in 'debasement trades' as total U.S. debt exceeded $40 trillion in July. CryptoQuant reported last week that Bitcoin re-entered a bull market after crossing its 365-day moving average.
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24H Trending
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ETH cross-exchange spread hits 1.11%
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ZEC (Zcash) surged 6.23% in a short-term rally over the past 4 hours, currently trading at $878.990
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How is the ZZZ token? Which exchanges is the ZZZ token listed on?
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Bloomberg: Collins says steady, gradual rate hikes appropriate to lower inflation
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On November 13, U.S. spot Bitcoin ETFs saw a net outflow of $185 million, while spot Ethereum ETFs recorded a net inflow of $2.36 million.
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TechCrunch: Petition Calling for Jensen Huang to Return to Office Reaches Over 115k Signatures, Backed by Musk and Others
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HYPE (Hyperliquid) is up 6.19% in the past hour, currently trading at $66.580
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Al Jazeera Op-Ed Citing Negotiators: Abu Dhabi Russia-Ukraine-US Talks Difficult; Moscow Says Closer to Peace
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CNBC: Berkshire Hathaway Closes at All-Time High for Fourth Consecutive Session, Class A Shares Up 19.1% Since Q4
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XRP surged 6.54% in a 4-hour window, currently trading at $0.9548
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