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Bitcoin climbs with a vengeance and rises above $27,000 thanks to Grayscale and 'bad news'
Bitcoin has risen strongly (+7%) and has surpassed $27,000 ($27,645), finally moving away from the $26,000 to which it clinged to for weeks. The cryptoqueen has benefited due to several aspects. On the one hand, the courts have ruled in favor of Grayscale against the US SEC for the review of the Bitcoin ETF. On the other hand, the latest bad macro data in the US pushes away the possibility of another Federal Reserve (Fed) rate hike in September, which also has a positive influence.
Bitcoin clings to $30,000 after rising nearly 20% since Monday
Bitcoin clings to the $30,000 mark on Friday (slightly lower now at $29,950) after a clearly positive week in which it has risen nearly 20%.
Bitcoin soars and touches $29,000; "Everyone is talking about it once again"
Bitcoin is one of the main events of Wednesday´s session, as it rises strongly and is close to $29,000 (+7. 9%, $28,935). After living some complicated days, marked by the action of the US Securities and Exchange Commission (SEC) against Binance and Coinbase and by the decision of the Federal Reserve, as it will continue to raise rates, which led it to put $25,000 in play, the cryptoking is clearly recovering.
Bitcoin clings to $30,000, as it awaits the U.S. CPI
Bitcoin clings to the $30,000 level on Wednesday (-0. 17%, $30. 037) as it awaits the release of the March U. S. CPI and reactions from this benchmark regarding the upcoming May Federal Reserve (Fed) rate decision.
Bitcoin tops $30,000 for the first time since June 2022
Bitcoin has soared over 6% in the last hours and has surpassed the level of $30,000 as it continues to take advantage of the positive inertia that all the financial crisis that was experienced during the month of March has provided for Bitcoin, making it a safe haven asset in the face of turbulence. The crypto exceeds the level of $30,000 for the first time since June 2022.