This week, Bitcoin experienced a brief surge above $88,000 due to positive market movements, including GameStop's big investment in Bitcoin. However, it fell 3% as traders took profits. Despite this, there are signs that suggest Bitcoin might rise again soon.
- Bitcoin briefly hit $88,000.
- It dropped 3% in 24 hours.
- Increased withdrawals from exchanges hint at growing investor confidence.
- Institutional investments are on a 10-day positive streak.
Fact | Value |
---|---|
Recent Inflows | $89 million |
Daily Withdrawal from Fidelity | $97.14 million |