Home Alt coins Bitcoin exchange rate exceeded $ 56 thousand for the first time since mid-May :: crypto-daily.news

Bitcoin exchange rate exceeded $ 56 thousand for the first time since mid-May :: crypto-daily.news

by admin

Crypto News

The price of the first cryptocurrency has updated the local maximum, having risen in price by 3% over the last day

The price of bitcoin on the Binance crypto exchange exceeded $ 56 thousand. The last time the asset was traded at this level was in mid-May of this year. Over the past day, the first cryptocurrency has risen in price by 3%. The growth since the beginning of October has amounted to almost 30%. Bitcoin capitalization increased to $ 1.05 trillion.

On October 8, it became known that the US Securities and Exchange Commission (SEC) approved an exchange-traded fund called the Volt Bitcoin Revolution ETF. The fund, run by San Francisco-based Volt Equity, will provide retail investors with access to stocks in companies that hold a significant portion of the cryptocurrency on their balance sheets.

Analysts at the investment bank JPMorgan believe that bitcoin managed to grow to $ 55,000 due to three factors: the growing demand for the asset from institutional investors, the statement of US politicians that they do not plan to impose a ban on cryptocurrencies, as well as the growing popularity of the Lightning Network protocol.

– CoinShares poll: Ethereum will surpass Bitcoin

– A collapse or a new high. What will happen to the cryptocurrency market by the end of the year

– BitGo reported on the interest of corporations in investing in bitcoin

crypto-daily.news

.



#Bitcoin #exchange #rate #exceeded #thousand #time #midMay #crypto-daily.news

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.