Crypto EcoBlog
As the crypto community awaited BTC to push past its all-time high (ATH) of $73,738, with it inching closer to $72,000, the asset’s price quickly dropped to around $68,500 during the weekend. It now fluctuates over $69,000. The price drop has wiped off most of the gains BTC witnessed the past week, cooling off the momentum it was gaining to set a new ATH. BTC’s reductions come after a massive selloff that saw over $450 million in liquidations as the US government issued its employment report...
Read More »BTC Needs a Lot More Than Its Current ETF Action to Move Past Its ATH
Bitcoin’s price is still fluctuating around the $71,000 mark, and it is unable to break through its all-time high (ATH) of $73,738 set a couple of months ago. It rose to the current level a few days ago, before which it exchanged hands at less than $70,000. The price action has been slow despite a nineteen-day streak of growing BTC ETF inflows. Onlookers are wondering why bitcoin is not going past its recently set ATH despite raging ETF interest. Spot BTC ETFs in the US and elsewhere...
Read More »