Menu

Bitcoin Hits $111K as US Demand Peaks and ETF Inflows Cross $600M

Avatar photo Sonny S. Watts 1 week ago

On May 21, the Bitcoin Coinbase Premium Index (CPI) climbed to 0.05, its highest level since April 27, based on data from CryptoQuant. The chart shows a steady increase in Bitcoin’s CPI from May 8, when the index dropped briefly into negative territory at -0.008, before beginning its upward trend. The CPI measures the price […]

The post Bitcoin Hits $111K as US Demand Peaks and ETF Inflows Cross $600M appeared first on Coinchapter.

Written By

Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.