Crypto recaptures $2T market cap as Bitcoin climbs above $57,000
    28 Feb 2024
    67 Views

    The total crypto market capitalization has reclaimed the $2 trillion level for the first time since April 2022 as positive market sentiment and consistent inflows into spot Bitcoin exchange-traded funds (ETFs) pushed BTC’s price higher. A rally in Bitcoin’s price brought the world’s largest cryptocurrency by market cap to a multiyear high of $57,513, while Ether enjoyed…

    MicroStrategy a ‘timely play’ on Bitcoin halving, $990 target price: Benchmark
    28 Feb 2024
    54 Views

    MicroStrategy shares are a “buy” with a price target of $990 as the Bitcoin -buying software firm is primed for major windfalls from institutional demand and April’s halving event, says investment banker Benchmark. In a Feb. 27 research report, Benchmark senior analyst Mark Palmer wrote that MicroStrategy (MSTR) offered investors a “timely play” on the…