On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $ 35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin …
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $ 78.92 million were cleared out. This sum represented 57% of the overall $ 136.29 million in short positions erased in the last 24 hours. Misleading Report on SEC …
Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum likewise declined, dipping under $ 1,700. Bitcoin Bitcoin was in the red for a second consecutive session, as …