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Bitcoin Back Above $40K as Institutions Lead the Way

BTC is back within striking distance of its all-time high set early last month.

Actualizado 14 sept 2021, 12:08 p. .m.. Publicado 6 feb 2021, 2:10 p. .m.. Traducido por IA
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The price of bitcoin rose above $40,000 Saturday as the leading cryptocurrency has nearly regained all its losses suffered since reaching an all-time high in early January.

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  • BTC hit $40,538.66 before falling back to $40,272.56, up 4.91% in the last 24 hours, putting it back within striking distance of the all-time high of $41.962.36 set on Jan. 8.
  • After hitting that high-water mark, BTC lost nearly a third (31.25%) of its value and all its spectacular year-to-date gains, bottoming out at $28,845.31 on Jan. 22.
  • After moving sideways for a week or so, over the last seven days BTC has made a string of upward moves, culminating in today's rise. Year to date, BTC's gain is 36.91% and it's up 39.72% from Jan. 22.
  • Helping to drive this latest run is fresh interest on the part of institutional money such as Ray Dalio’s Bridgewater Associates, which manages $150 billion in investor money, and the Miller Opportunity Trust. It may also be getting a boost from MicroStrategy's WORLD.NOW BTC-themed conference this past week.
  • “Bridgewater’s piece out last week had a sensitivity analysis which showed their estimates of BTC price, should private holders of gold switch to BTC,” states a weekly investor note Friday from quantitative trading firm QCP Capital.
  • “They forecasted that should 50% of capital in gold move into BTC, that would result in a price of $85,000 per 1 BTC.”

Read more: Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Bitcoin's squeeze sets stage for major price swing

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BTC's volatility bands have compressed to levels that have historically paved the way for a renewed price turbulence.

What to know:

  • Bitcoin's price has been stable between $85,000 and $90,000 for two weeks, leading to a Bollinger Bands squeeze.
  • The Bollinger Bands squeeze suggests a potential for significant price movement soon.
  • Historical patterns show that such squeezes often precede major price swings.