• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Cryptos

Bitcoin on rampage, set to strike $60,0000 again

Olumide Adesina by Olumide Adesina
March 18, 2021
in Cryptos, Markets, Spotlight
94% of Bitcoin investors are making money, Bitcoin, Bitcoin running out of steam
Share on FacebookShare on TwitterShare on Linkedin

Flagship crypto, Bitcoin, recorded impressive gains following a brighter economic forecast from the world’s most powerful central bank, which hints at a possible interest rate hike in two years’ time if America’s employment and economic parameters continue to improve.

Data from the FTX exchange revealed that Bitcoin traded at $59,024.56 with a daily trading volume of $60.4 billion. Bitcoin is up 4.97% for the day.

Retail buyers are increasing their stake in the world’s most demanded crypto, taking into credence credible financial brands are keying into the 12-year old financial asset for more exposure.

RelatedStories

ETFs, Crypto Market

Bitcoin surges past $104K as markets react to US-China trade progress 

May 11, 2025
Bitcoin investors record losses of over $7 billion in recent market sell-off

Bitcoin reclaims $100K for the first time in three months 

May 8, 2025

READ: 3 Cryptos set to explode high

Recall some hours ago, Morgan Stanley’s wealth management with about $4 trillion in client assets, informed its financial advisors through an internal memo that it was starting access to three funds that enabled ownership of the flagship crypto.

Such a feat is going to boost the world’s most popular crypto asset in the near term at least on the account that a leading investment bank with a massive global footprint is providing its clients exposure to Bitcoin.

However, it is critical to note the New York-based investment bank is only allowing its wealthier clients access to the volatile crypto, as customers with about $2 million by asset qualify for such access.

That said, recent data suggest that the scarcity of the flagship crypto up for sale is diminishing as Bitcoin balance on exchanges continues to decline, down by -20% since the 2020 March peak.

READ: Cardano on a high buying spree, explodes by 20%

Bitcoin balance on exchanges continues to decline, down by -20% since the 2020 March peak.

chart: @glassnode pic.twitter.com/ddsfYqiwCm

— unfolded. (@cryptounfolded) March 11, 2021

Tags: BitcoinFTXGlassnodeMorgan Stanley
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

ETFs, Crypto Market
Cryptos

Bitcoin surges past $104K as markets react to US-China trade progress 

May 11, 2025
Bitcoin investors record losses of over $7 billion in recent market sell-off
Breaking News

Bitcoin reclaims $100K for the first time in three months 

May 8, 2025
Bitcoin
Cryptos

Bitcoin surges past $97,000 amid China’s $138 billion stimulus 

May 7, 2025
Bitcoin
Cryptos

Bitcoin surges past $97,000 amid institutional investment and easing trade tensions 

May 2, 2025
Bitcoin
Cryptos

Strategy’s Bitcoin holdings surpass $50 billion, reinforcing institutional crypto adoption 

April 28, 2025
Bitcoin, Silver
Cryptos

Bitcoin holds at $94K as market sentiment remains bullish 

April 25, 2025
Next Post
Crypto millionaire carts away with $224 million worth of Bitcoin, Whales transfer Bitcoins at an alarming rate, BTC whale moves 10,250 BTC valued at $95,000,000

Unknown whale moves $411 million worth of Bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Anambra State Government to privatise Kaolin factory for commercial production 
  • Lagos clarifies ban on single-use plastic, says sachet water, PET bottles not affected
  • Spanish think-tank appoints former World Bank VP Ezekwesili as Advisor 

Follow us on social media:

Recent News

UNDP partners with Anambra State to establish Innovation Makerspace 

Anambra State Government to privatise Kaolin factory for commercial production 

May 20, 2025
Lagos govt mandates permits for amplified sound in nightclubs, worship centres 

Lagos clarifies ban on single-use plastic, says sachet water, PET bottles not affected

May 20, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics