Bitcoin Jumps to Near $28K as Bulls Bet on ETF Approval
Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.
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Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Major tokens seemed to stabilize on Friday morning following a week-long price drop.
He had hoped to continue Alameda as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday.
Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Data shows that broader crypto markets lost just under 1% in the past 24 hours.
Investment research firm ByteTree upgraded bitcoin’s price outlook to “bull” from “neutral” as the crypto benefits as a “safe haven” amid an equity and bond sell-off.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.