Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Published on 16 Jun 2023 on CoinDesk via Yahoo Finance

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Less than 24 hours after fund management giant BlackRock filed paperwork for a spot bitcoin ETF, bitcoin recrossed $26,000 and soared to its highest level in a week.

The largest cryptocurrency by market capitalization was recently trading at $26,369, up nearly 5% over the past 24 hours, according to CoinDesk data. BTC was trading below $25,000 – near its three-month low – as recently as Thursday morning before settling at about $25,500 in the hours immediately following the BlackRock filing.

Read More: BlackRock's iShares Files Paperwork for Spot Bitcoin ETF

Read the rest of the article

CRYPTO.ALGO price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

These Cryptocurrencies Have Seen a Massive Post-Election Boost. Can They...

Financial markets have been soaring since November's elections. The S&P 500 stock market index is...

Motley Fool · via Yahoo Finance 12 Feb 2025

Trump, Bessent May Open Gates to Flood of Crypto ETFs

Polygon, Algorand, Ripple and Solana may not be well known like their behemoth big brothers bitco...

etf.com · via Yahoo Finance 25 Nov 2024

Are Eco-Friendly Cryptocurrencies a Superior Investment?

There's no denying that Bitcoin (CRYPTO: BTC) has been one of the best-performing investments of ...

The Motley Fool · via AOL 21 Aug 2024

Crypto Carnage: 3 Digital Assets Destined for the Graveyard

Since its inception, the cryptocurrency market has experienced a cyclical series of ups and downs...

InvestorPlace via Yahoo Finance 5 May 2024

Why Layer 1 Altcoins Were on Fire This Week

Seated young person gazing at a smartphone The desire for the No. 1 cryptocurrency faded a bit th...

Motley Fool via Yahoo Finance 16 Dec 2023

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Less than 24 hours after fund management giant BlackRock filed paperwork for a spot bitcoin ETF, ...

CoinDesk via Yahoo Finance 16 Jun 2023

Bakkt follows Robinhood, eToro in delisting major altcoins: Report

Derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developme...

The Cointelegraph 16 Jun 2023

Bitcoin edges up after slump, Ether little-changed, other top 10 tokens continue bumpy ride

Bitcoin rose in Friday morning trading in Asia, after falling below US$25,000 overnight and overa...

Forkast News via Yahoo Finance 16 Jun 2023

Bakkt delists Solana, Polygon, and Cardano, citing lack of regulatory clarity

Just over two months after completing a $155 million acquisition of trading infrastructure provid...

Fortune via Yahoo Finance 16 Jun 2023

eToro to Delist ALGO, MATIC, MANA and DASH for US Customers – 24/7 Wall St.

eToro has announced it would delist a group of cryptocurrencies “due to recent developments” in t...

247wallst.com 14 Jun 2023