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Jamie Crawley Jamie Crawley

Bitcoin Moves Above $68K Amid Renewed Bullishness

Bitcoin rose above $68,000, extending the weekly gain to over 8%. BTC has gained nearly 4% in the last 24 hours, comfortably outperforming the wider digital asset market, which is around 1.4% higher, as measured by the CoinDesk 20 Index.The cryptocurrency teased a move above $68,000 during the U.S. morning on Tuesday before falling as low as $64,800 only an hour later. Spot bitcoin ETFs recorded inflows of $371 million on Tuesday, making it three days in a row that they have registered over $250 million of gains, the first time such instance since July 16, according to SoSoValue.

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Jamie Crawley, Omkar Godbole

https://www.coindesk.com/markets/2024/10/16/first-mover-americas-bitcoin-moves-above-68k-amid-renewed-bullishness/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-10-16 12:01:44

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