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Bitcoin traders target $138K BTC price after Coinbase premium hits ‘breakeven point’

The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000.

Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.

Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said.

Digital asset prices may still see substantial gains before the market corrects, the analyst said.

Bitcoin wastes no time at the Wall Street open as daily BTC price gains pass 3% while reclaiming the $100,000 mark.

GSR has secured dual regulatory approval in the UK and Singapore, expanding its crypto trading services for institutional clients.

MicroStrategy has kicked off 2025 by announcing a fresh BTC purchase made in the last two days of 2024.

US spot Bitcoin ETFs contributed to 100% of the record-breaking $44.2 billion crypto ETF inflows in 2024, according to CoinShares.

Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport.

BTC price expectations diverge as Bitcoin bulls eye a charge at $100,000 to mark the end of the holiday period.