BKR BITCOIN DRE (IBIT39.SA)
| Previous close | 59.60 |
| Open | 61.28 |
| Bid | 60.76 x N/A |
| Ask | 60.95 x N/A |
| Day's range | 60.60 - 61.70 |
| 52-week range | 60.60 - 61.70 |
| Volume | |
| Avg. volume | N/A |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
BlackRock digital asset head talks how clients approach crypto
Crypto bulls and investors are convening in New York City as part of Bitcoin (BTC-USD) Investor Day. Yahoo Finance's Brad Smith is joined by BlackRock Head of Digital Assets Robert Mitchnick — whose firm manages the iShares Bitcoin Trust (IBIT) ETF — to talk about educating clients on exposure to crypto assets "What we're seeing is that investors are resoundingly choosing IBIT for bitcoin access... That is a combination of investors who are new to bitcoin and those who maybe held exposure in a different form historically. What our clients, I think, are most focused on is trying to understand risks, upside, downside, thoughts about portfolio construction..." Mitchnick explains. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
- Yahoo Finance Video
Bitcoin's price patterns 'not unusual' ahead of halving event
Bitcoin (BTC-USD) is slowly recovering after experiencing recent declines from its all-time highs. Benchmark Managing Director and Senior Research Analyst of Fintech and Digital Assets Mark Palmer joins Yahoo Finance Live to discuss the cryptocurrency's pricing patterns ahead of April's expected bitcoin halving event. Palmer highlights that historical trends suggest the occurrence of a bitcoin halving "is not unusual." He points out that in 2016 and 2020, "significant retracements in price" preceding the bitcoin halving, and the same pattern is unfolding "in the 2024 cycle." Palmer draws an analogy between a bitcoin halving and "a wildfire," explaining that when the rewards paid to miners are halved, it prompts many miners to exit the market, leading to increased volatility. However, Palmer notes that historically, an extended rally tends to follow after a bitcoin halving event. He also notes "demand shocks" stemming from the approval of spot bitcoin ETFs and the spillover into stocks crypto stock associated with the space's volatility, such as MicroStrategy (MSTR). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Yahoo Finance UKBitcoin price hits all-time high of over $73,000
Bitcoin has hit an all-time high in past 24 hours, rising to $73,737 during early morning trading in UK time.
