Recently news of Saudi Billionaires secretly holding Bitcoin is making headlines. Amid this, Bitcoin's (BTC) price is anticipated to hit the $93,000 mark. This revelation left the experts wondering about the coin's future trajectory and increasing adoption globally.
Bitcoin is the most trustworthy coin in the present bull run as Spot Bitcoin ETF has secured investors’ confidence. In addition to this, IntelMarkets (INT) is also gaining traction in terms of reliability and sustainability. The altcoin is grabbing the attention of investors by crossing 25000 holders.
Bitcoin prices hit another all-time high in late trading on Wednesday, Nov. 13, when it tapped $93,477, according to CoinGecko. However, the asset had since retreated to around $90,000 during the Thursday morning Asian trading session.
The correction was a blip as BTC continued higher adding to its 20% weekly gains. Bitcoin has now added a whopping $24,000 since the beginning of November, spurred primarily by Donald Trump’s US presidential election victory.
Spot Bitcoin ETFs are by far the majority driving force of demand right now, “soaking up almost all of the selling by long-term holders,” observed analyst James Check on Nov. 14.
Wednesday was another bumper day for spot Bitcoin ETF inflows, with $510 million entering the eleven Bitcoin funds in the US. A whopping $4.7 billion has entered these spot Bitcoin ETFs over the past six consecutive trading days, according to Farside Investors.
BlackRock’s IBIT led the inflows, attracting $778.3 million, contributing to a total of $1.93 billion in inflows for the week. Fidelity’s FBTC added $37.2 million, while Grayscale’s Mini Bitcoin Trust and VanEck’s HODL each recorded over $10 million in inflows. In contrast, Grayscale’s GBTC saw a net outflow of $17.8 million, and Ark and 21Shares’ ARKB experienced outflows of $5.4 million.
The trading volume for the 12 spot Bitcoin ETFs reached $5.7 billion on Tuesday, a decrease from $7.3 billion on Monday but an increase from $2.8 billion last Friday, as reported by SoSoValue.
Since the beginning of IntelMarkets' (INTL) presale, investors have been excited about the company. The coin is destined to dominate the cryptocurrency space based on its success to date. However, a recent update about the JD Vance coins adoption made it more reliable. Similarly, its rapid circulation is grabbing the attention of investors from all across the globe.
Recently, IntelMarkets (INTL) holders crossed the 25,000 mark, which is a clear indication of the coin's fast growth and development. Meanwhile, the coin has also secured a good reputation in the crypto market through its distinctive adoption.
While the project has raised over $2 million in its cryptocurrency initial coin offering (ICO), the INTL token has increased by over 300% to its current price of $0.045. IntelMarkets(INTL) is receiving huge appreciation from crypto enthusiasts due to its unparalleled growth.
By 2025, the coin is anticipated to reach a significant rate, putting it in the spotlight. Experts predict that this AI platform's current pricing of 0.045 will increase to $5. Investor confidence in INTL's future was bolstered by this forecast.
IntelMarkets uses self-learning trading bots that can identify market patterns and improve their performance through learning, which sets them apart from other platforms. Experts suggest investing in this AI wonder to get humongous gains by 2025!
Discover More About Intel Markets:
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Buy Presale: https://buy.intelmarketspresale.com/
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Official Twitter: https://x.com/intel_markets