Experts weigh Bitcoin’s chances of rising to $40,000
In the near term, Bitcoin is expected to continue its upward movement amid rising trading volumes and capital inflows into crypto funds, according to experts.
Experts weigh Bitcoin’s chances of rising to $40,000
In the near term, Bitcoin is expected to continue its upward movement amid rising trading volumes and capital inflows into crypto funds, according to experts.
Bitcoin price tests $35,000 as rally resumes
The leading cryptocurrency rose by 11.7% in the last 24 hours, testing the $35,000 level.
Bitcoin price rises above $31,000
On October 23, Bitcoin rose above the $31,000 level, testing $31,300.
Bitcoin price again tops $30,000
In the morning of October 20, Bitcoin breached $29,000 — up 9.2% over the week. At the time of writing, the price was above $29,200.
Matrixport: ETF approval could push Bitcoin to $56,000
Approval by the SEC to launch a spot Bitcoin ETF will lay the groundwork for Bitcoin's price to rise to $42,000–$56,000, according to Matrixport analysts.
CryptoQuant: Spot Bitcoin ETF approval would push Bitcoin to $50,000–73,000
The cryptocurrency market’s capitalization would rise by $1 trillion if a spot Bitcoin-ETF is approved in the United States. Analysts at CryptoQuant have provided such estimates.
BlackRock CEO Explains Bitcoin Rally Amid News of ETF Approval
CEO BlackRock Larry Fink: Bitcoin rally on unconfirmed news regarding the approval of a spot ETF signals 'unmet demand for digital assets'.
Bitcoin breaches $30,000 on rumors of BlackRock ETF approval
On October 16, Cointelegraph reported the SEC's approval of a spot Bitcoin ETF from BlackRock. Amid the rumors, the price of the leading cryptocurrency rose above $30,000, but the outlet later deleted the post.
U.S. inflation slowdown stalls; Bitcoin volatility returns
US consumer price inflation in September rose 3.7% year over year, as in the previous month, beating forecasts of 3.6%. Bitcoin traded with mixed moves around $26,800.
Analyst points to potential Bitcoin rally after breaking above $27,900
Bitcoin price is expected to rise substantially if it holds above $27,900. The level matches the MVRV indicator for short-term market participants, according to CryptoQuant analyst Maartunn.We use cookies to improve the quality of our service.
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