Bitcoin (BTC) steg med over 107 %, hvad driver rallyet?

Bitcoin (BTC) steg med over 107 %, hvad driver rallyet?

  • Bitcoin (BTC) steg over $34,300 med en ugentlig gevinst på 14.38% og 28% på en måned.
  • Den 2021-godkendte amerikanske futures-baserede ETF, BITO, oplevede 1.7 mia. USD i ugentlig handelsvolumen.

Since October 24, the world’s largest cryptocurrency, Bitcoin (BTC), has ignited a bullish tendens across the broader crypto market. Also, Bitcoin enthusiasts and investors have been on the edge of their seats as BTC surges above the $34,300 range, and the excitement is solid.

Stigningen i Bitcoins værdi kan ikke udelukkende tilskrives individuelle handlende, institutionelle investeringsinstrumenter har også en betydelig indflydelse. Faktisk oplevede Bitcoins pris et mærkbart opsving, der kortvarigt faldt til $33,600, men derefter vendte tilbage med en bullish tendens.

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Bitcoin (BTC) kursdiagram (Kilde: TradingView)

At the time of writing, Bitcoin is trading at $34,313. Over the past week, it has surged by 14.38%, and in the span of just a month, BTC has soared by 28%. But perhaps the most eye-catching statistic is its performance year to date, Bitcoin klatrede over 107%. Such gains are nothing short, and it’s no surprise that the market is buzzing with excitement. Further, the Relative Strength Index (RSI), which currently stands at 79.78, indicates an overbought condition.

Årsagen bag Bitcoin (BTC)-hypen

Hvad giver næring til denne øgede aktivitet i Bitcoins verden? Forventningen om potentielle lovgivningsmæssige ændringer i USA får markedet til at summe af entusiasme. 

Bitcoin-børshandlede fonde (ETF'er) og andre institutionelle investeringsmuligheder er vidne til betydelige niveauer af ugentlige tilgange. Blandt disse laver ProShares Bitcoin Strategy ETF (BITO) bølger. BITO, den første futures-baserede ETF godkendt i USA tilbage i 2021, har netop opnået en forbløffende præstation. 

Eric Balchunas, en senior ETF-analytiker hos Bloomberg, rapporterede, at BITO formåede at handle svimlende $1.7 milliarder på en enkelt uge. Dette markerer dets næsthøjeste ugentlige handelsvolumen siden starten. 

Further, the Grayscale Bitcoin Trust (GBTC) is also reaping the benefits of this Bitcoin boom, with a handelsvolumen of $800 million. Institutional investors seem to be flocking to Bitcoin like never before.

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