Bitcoin was hovering comfortably over $30K, down from its 1-year high last week, but the asset could be headed higher given the more than 20% returns in July the past three years. Investors will also be eyeing Friday's options expiry. JPRubin23 writes
On Monday, the largest cryptocurrency by market capitalization recently was trading near $30,165, down 0.9% over the past 24 hours and a comedown from its loftier heights last Friday when BTC traveled to a one-year high. The momentum from multiple spot bitcoin filings by BlackRock and other financial services giants that sent the asset higher dissolved as investors addressed the realities that any SEC approval was months off, maybe longer, and that macroeconomic indicators remained uncertain.
Thielen noted that bitcoin had followed a pattern this year of rising about $10,000 before falling $5,000 first after the tumult caused by the U.S. banking crisis in March when BTC sank to $20,000 after reaching as high as $25,000 and then following this month’s SEC lawsuits against crypto exchanges Binance and Coinbase when it dropped to $25,000 from $30,000. “Now we appear on the way to $35,000 as the expectations for the Bitcoin ETFs approval will bring more U.S. institutions and U.S.
Other major cryptos were largely in the red with ADA and SOL, the tokens of smart contracts platforms Cardano and Solana, recently both down more than 4%, although Bitcoin Cash was a rare bright spot, rising nearly 16% to reach a fresh one-year high. BCH, which forked from the original bitcoin blockchain, extended its
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Bitcoin trades above $30K, boosting traders’ interest in ETH, ARB, VET and STXThe likelihood of Bitcoin rallying above $31,000 remains high, and that may prove bullish for ETH, ARB, VET and STX in the near term.
Les mer »
First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor OptimismBitcoin continued to hover comfortably above $30K. The CoinDesk Bitcoin Trend Indicator now stands in 'significant uptrend' territory. ALSO: Japan seems to be making the right decisions about its crypto regulation. TheSamReynolds writes
Les mer »
Bitcoin surfs $30K as traders hope US trading will boost BTC priceBitcoin bulls hope Wall Street will add fresh fuel to the BTC price fire above $30,000.
Les mer »
Dormant Bitcoin Wallets From 2010 Resurface: 100 Bitcoins Transferred After More Than 12 Years – Bitcoin NewsTwo bitcoin block rewards from 2010, worth just over $3 million, were spent on Monday, June 26, 2023, after being dormant for more than 12 years.
Les mer »
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme – Bitcoin NewsA U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack and for cryptocurrency theft.
Les mer »
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $31,000, After Becoming Overbought – Market Updates Bitcoin NewsBitcoin fell below $31,000 to start the week, as traders seemingly moved to secure gains, as the cryptocurrency became overbought.
Les mer »