BitGo says Bitcoin absorbed Fed hike, CLARITY failure
BitGo says Bitcoin absorbed a Fed rate hike and failed CLARITY vote before rebounding above $86,000 as ETF demand returned.
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BitGo says Bitcoin absorbed a Fed rate hike and failed CLARITY vote before rebounding above $86,000 as ETF demand returned.
Bitcoin is trading at $86,767.30, up 1.1% over 24 hours and 14.6% over the past week, following a rally that pushed it to $87,000, its highest level in eight months. Over $1 billion in positions were liquidated in a single 24-hour stretch on the way there.
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Strive CEO Matt Cole says Bitcoin (BTC) could effectively go to infinity against the US dollar, arguing that a mounting Washington debt crisis, not Bitcoin's own scarcity, is what will ultimately break the currency's value.
Leading cryptocurrencies ticked higher on Tuesday as investors digested President Donald Trump's latest remarks on Iran peace negotiations. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:26 p.m.
USELESS gains alongside Bitcoin's breakout as rising market capitalization and renewed memecoin rotation improve risk appetite.
Bitcoin Cash surged 28.76% to $341.18, topping the gainers chart. Meanwhile, Akedo dropped 16.16%, leading the losers.