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en English
ar Arabiczh-CN Chinese (Simplified)en Englishid Indonesianru Russian
bitcoin
Bitcoin (BTC) $ 105,156.17
ethereum
Ethereum (ETH) $ 3,398.91
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 686.96
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 3.18
binance-usd
BUSD (BUSD) $ 0.987262
dogecoin
Dogecoin (DOGE) $ 0.361995
cardano
Cardano (ADA) $ 1.00
solana
Solana (SOL) $ 266.10
matic-network
Polygon (MATIC) $ 0.446885
polkadot
Polkadot (DOT) $ 6.49
tron
TRON (TRX) $ 0.25962
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    HomeCrypto Finance

    Why is Bitcoin value up in the present day?

    Crypto Finance
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    By admin
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    Latest News

    (BTC) value is up in the present day, reaching a 2023 excessive at $31,431. The contemporary BTC value year-to-date excessive comes amid latest rising institutional curiosity in Bitcoin from firms like BlackRock (NYSE:) and Constancy Investments, each of which filed for a spot Bitcoin ETF inside the previous two weeks.

    The institutional curiosity appears to have negated the damaging information of the SEC cracking down on Binance and Coinbase (NASDAQ:) and bullish merchants proceed to overpower BTC shorts.

    Crypto value map. Supply: Coin360
    Grayscale holdings. Coinglass
    Bitcoin futures liquidations. Supply: Coinglass
    Bitcoin brief vs. lengthy ratio. Souce: Coinglass
    . Supply: TradingView
    Bitcoin value versus the S&P 500. Supply: TradingView
    Bitcoin Concern & Greed Index. Supply: Different.me

    Proceed Studying on Coin Telegraph

    See also  Why is Bitcoin worth caught?
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