Bitcoin touched $35,000 ; what the heck just happened!?
Fourth consecutive week of positive inflows for digital asset investment products, “what the heck just happened!?”
Bitcoin touched $35,000 in less than 24 hours, the price that has not seen since previous May. Other cryptocurrencies like Ether, Solana, Dogecoin, Cardano rode the wave too. Some triggers have been suggested by analysts for this exhilarating ascent;
- The mounting enthusiasm surrounding potential approvals of spot ETFs (Exchange-Traded Funds).
Notably, BlackRock’s (American multinational investment company) endeavors towards a spot bitcoin ETF absolutely played a key role. With the addition that it has recently procured a specific “CUSIP” (Committee on Uniform Securities Identification Procedures) license.
- A noticeable uptick in trading volumes across the spot markets.
Coinmarketcap data showcased that within the span of 24 hours, there was a 241% spike in the trading volume, reaching a staggering $35 billion.
Bitcoin touched $35,000 ; what the heck just happened!?
Fourth consecutive week of positive inflows for digital asset investment products, “what the heck just happened!?”
Black Blocs; All about Blockchain, Cryptocurrency, NFT, and Metaverse!
Bitcoin touched $35,000 in less than 24 hours, the price that has not seen since previous May. Other cryptocurrencies like Ether, Solana, Dogecoin, Cardano rode the wave too. Some triggers have been suggested by analysts for this exhilarating ascent;
- The mounting enthusiasm surrounding potential approvals of spot ETFs (Exchange-Traded Funds).
Notably, BlackRock’s (American multinational investment company) endeavors towards a spot bitcoin ETF absolutely played a key role. With the addition that it has recently procured a specific “CUSIP” (Committee on Uniform Securities Identification Procedures) license.
- A noticeable uptick in trading volumes across the spot markets.
Coinmarketcap data showcased that within the span of 24 hours, there was a 241% spike in the trading volume, reaching a staggering $35 billion.
Black Blocs; All about Blockchain, Cryptocurrency, NFT, and Metaverse!
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