Summary
BTC hits new all-time high of $72k, surpasses Silver market cap. $350m in liquidations due to price volatility. London Stock Exchange to consider crypto ETNs. Record $2.7bn inflows into crypto last week. MicroStrategy buys $821m more of BTC. Funding surges before ETF buying starts.
Key Points
1. Bitcoin hits new all-time high of $72,000, surpassing the market cap of Silver.
2. $350 million in liquidations occur due to price volatility, with a wick lower then higher.
3. London Stock Exchange to consider offering crypto Exchange-Traded Notes (ETNs), signaling further institutional adoption. Funding for crypto projects increases ahead of anticipated ETF buying. Record $2.7 billion inflows into crypto market last week. MicroStrategy purchases an additional $821 million worth of Bitcoin.