Bears lick their paws while Bitcoin price blasts through $46,000 By Cointelegraph – Investing.com
- Date: 10-Aug-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Bears lick their paws while Bitcoin price blasts through $46,000 By Cointelegraph – Investing.com
(BTC) hiked 20% in seven days in an unexpected move that brought the price to its highest level since May 18. The price appreciation happened despite U.S. Treasury Secretary Janet Yellen reportedly supporting a broader definition of crypto companies in the HR 3684 infrastructure bill currently being considered in the U.S. Senate.
Even though Bitcoin price continues to surge higher, investors are worried that regulation could erase the recent gains, but derivatives indicators show no sign of confidence from the bears.
Continue Reading on Coin Telegraph
Select Sector 
Select Country 
