Bitcoin has surged past resistance levels and reached over $93,000 due to heavy demand from U.S. investors. The Coinbase Premium Index, a measure of U.S. demand, is at its highest level since April. Blackrock's iShares Bitcoin ETF (IBIT) was the fourth-most traded product across all ETFs, with $1.2 billion in volume in the first hour of trading. The rally is driven by spot buying, indicating a more sustainable trend. Ethereum and solana also experienced gains during the same period.



Other News from Today