Bitcoin bulls are still confident as BTC puts in a fresh poke above $31,000.
“If price can go and test the $32k to $33k level and hold there, a chance we teleport to $38k+ over the coming weeks.”Bitcoin thus branched out to leave altcoins behind on daily timeframes, with the top ten cryptocurrencies by market cap mostly flat.Another ETF-related success story concerned the stock of U.S. exchange Coinbase, which added 4% at the open to hit one-month highs.
Despite legal pressure from U.S. regulators, Coinbase's role in the BlackRock ETF continued to reverse its fortunes."Following news that Coinbase will be the BTC custodian for the world's largest asset manager, in the case a spot ETF is approved... it's hard to imagine Coinbase testing anywhere near those lows in the near future."This article does not contain investment advice or recommendations.
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