![What Happened in Crypto Today: Institutions Turn Bullish on BTC](https://expert-metatrader.com/wp-content/uploads/2023/10/3-2.webp)
With Bitcoin dominance surging, it seems institutional giants may be catching crypto fever again. Could this build momentum for a Bitcoin ETF?
Here’s a quick rundown of today’s top stories:
- FTX sent $8.6 million in tokens to Binance, fueling speculation that asset sales are coming to repay creditors.
- Bitcoin’s market dominance has climbed to a 30-month high of 54%, signaling renewed interest in the top cryptocurrency.
- Galaxy Digital predicts Bitcoin ETFs could attract $14.4 billion in first-year inflows as institutional demand grows.
- Matrixport reiterates its forecast of $45,000 Bitcoin by year’s end based on historical price movements.
- Lawyers say SBF will testify alongside three other witnesses after prosecutors finish presenting evidence against him.
- Bitfinex plans to list a Tether bond offering 10% returns over 3 years.
Let’s unpack all that!
FTX Sends Tokens to Binance
FTX sent $8.6 million in ETH and other tokens to Binance, fueling hope among its creditors. They hope it signals asset sales to repay them. But lawyers will likely gobble up most of it first.
And who knows what surprises the lawyers will uncover rummaging through the FTX attic? Here are the details of the funds FTX may be ready to dump!
Bitcoin Dominance Hits 30-Month High
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