Bitcoin Reaches $60,000 Amid ETF Hype The recent surge in BTC price reflects growing institutional interest. For analysis, see Chainalysis Report.
“This bull run differs from 2021,” stated CryptoAnalyst.
Bitcoin price started a recovery wave above the USD 56,500 resistance. BTC is up 6%, it broke the USD 57,000 level and is currently (04:35 UTC) consolidating. A close above the USD 58,000 level is needed for more upsides in the near term.
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Bitcoin price
After extending losses, bitcoin price found support