Crypto Daybook Americas: Altcoins Rally as ‘Complacent’ Bitcoin Points to Renewed Volatility

Quick Summary:

SEC delayed a decision on Tuesday on whether to allow in-kind redemptions for BlackRock's bitcoin exchange-traded fund while it asks for feedback.

BTC could quickly break through $115,000, Verbitskii said, noting that, "If the liquidity thesis holds — where global liquidity supports bitcoin — we could see that breakout as early as May".

CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $17.20 (+5.

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Article Details

Category: Crypto

Markets: United StatesBrazilCuba

Topics: Crypto Daybook Americas News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 11:15:00 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 572 words

Reading Time: 4 minutes read

Sentences: 52 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © CoinDesk

News ID: 28710485

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