Bitcoin's price premium on Coinbase rebounded after flipping negative during the recent pullback, suggesting that American traders may be driving the rally.
Bitcoin's price premium on Coinbase rebounded after flipping negative during the recent pullback, suggesting that American traders may be driving the rally.BTC futures on CME briefly surpassed $100,000 for the second time after last week's first, a sign of strong institutional participation.) is once again approaching the $100,000 milestone on Friday as crypto prices surged higher alongside the return of U.S. traders following Thanksgiving.
Traditional U.S. markets are having a shortened session today after being closed on Thursday's holiday. U.S.-listed bitcoin miners — which don't always rise just because the price of bitcoin gains —, are moving higher, led by Bitdeer's 15% advance to notch a fresh all-time high above $14. Major miners including MARA Holdings , Riot Platforms , were all up 5%-10% in the first hours of the session. Crypto equities Coinbase , MicroStrategy and Semler Scientific lagged behind the miners.
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