The value of Bitcoin popped past $67,000 Friday, rising 5.7% to its highest worth in over a month.
Bitcoin’s worth popped past $67,000 Friday, rising 5.7% to its highest worth in over a month.
The uptick in Bitcoin’s worth got here after a punishing stretch. Earlier this month, it dipped as little as $54,000.
Whereas Bitcoin’s worth has solely risen 3% on a month-to-month foundation, it means the most important cryptocurrency by market capitalization has swelled over 18% previously two weeks.
Bitcoin’s worth might be rising as buyers brace for a high-profile week, Magadini mentioned. He described former president Donald Trump’s slated look at a Bitcoin convention in Nashville subsequent week as an particularly bullish issue.
“That’s seemingly going to be very optimistic,” he mentioned of Trump bringing eyeballs to the asset. “Altogether, I anticipate all-time highs [for Bitcoin] going into the presidential election.”
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