Google Restores Bitcoin and Crypto Price Charts in Search Results
The crypto community can breathe a sigh of relief as Google has reinstated live price charts for Bitcoin and other cryptocurrencies directly within its search results. This comes after the tech giant had previously removed these features, directing users to Google Finance instead, which hadn't been updated since October 7. The absence of an official explanation from Google led to widespread speculation about whether this was due to technical issues or deliberate action. According to Crypto Times, the restoration allows investors quick access to vital market information amid rapidly changing prices.
Bitcoin Monthly Trading Volumes Averaged $2 Trillion Year-to-Date
A report by Coinbase Institutional and Glassnode reveals that Bitcoin's monthly trading volumes have averaged a staggering $2 trillion so far this year, marking a significant increase from last year's figures. Despite uncertainties such as upcoming U.S. elections affecting market direction, analysts remain optimistic about increased on-chain activity indicating greater liquidity in crypto markets. As noted by Unchained, while early 2024 saw bullish trends with new all-time highs for Bitcoin, recent months have seen more rangebound movements amidst broader economic concerns.
Bitcoin Price Today: Up To $67k On Regulatory Hopes And Improved Capital Flows
Investing.com reports that Bitcoin’s value surged past $67,000 recently due to optimism surrounding potential regulatory changes following statements made during U.S. presidential campaigns favoring clearer frameworks for cryptocurrency regulation. Additionally contributing were improved capital inflows into digital assets like BTC-spot ETFs showing substantial investor interest despite previous outflows—highlighted further by Mt Gox extending deadlines related token returns boosting overall sentiment among traders.
XRP News Today: SEC Appeal Leaves XRP at Sub-$0.55 While BTC Eyes $70,000
The ongoing legal battle between Ripple Labs Inc., creators behind popular altcoin XRP, and the Securities and Exchange Commission (SEC), continues impacting asset performance negatively according to FX Empire analysis. The current appeals process is expected to extend until mid-2025, potentially challenging earlier court rulings regarding programmatic sales, which could influence future valuations significantly if overturned successfully. Meanwhile, Fed rate cut expectations drive demand towards safer bets, including Bitcoin nearing the psychological milestone of seventy thousand dollars per coin, supported by strong ETF inflow data observed across industry participants. Once again, signaling renewed confidence among institutional players globally, they are entering the fray cautiously yet optimistically given prevailing macroeconomic conditions worldwide today. Indeed, uncertain and volatile times undoubtedly await us all together, collectively moving forward bravely nonetheless, regardless of the outcomes or eventualities of unforeseen circumstances that may arise unexpectedly anytime soon thereafter.
Sources:
- Google Restores Bitcoin and Crypto Price Charts in Search Results
- Bitcoin Monthly Trading Volumes Averaged $2 Trillion Year-to-Date
- Bitcoin price today: up to $67k on regulatory hopes, improved capital flows
- XRP News Today: SEC Appeal Leaves XRP at sub-$0.55 While BTC Eyes $70,000
- Cryptocurrencies Price Prediction: Ripple, Solana & Bitcoin — Asian Wrap 16 October
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