Bitcoin Hits $57,000!
Bitcoin is Ready to Break All Time High before the Halving!
Bitcoin just made an historical run today, posting 12.52% gain in less than 24 hours!
BTC went from $50,900 to $57,280, an astonishing jump, that has the Crypto market in a frenzy.
The Bitcoin Momentum
Since the launch of the BitcoinETFs on January 11th, Bitcoin has been gaining momentum. On the average, the 9 BitcoinETF issuers, led by BlackRock, Fidelity, VanEck, Bitwise, ArkInvest, and others, have been purchasing over 3,100 Bitcoins per day! This is despite the Bitcoin sales by Grayscale, which has been bleeding BTC since the launch.
According to Cointelegraph:
Trading volumes for the “new nine” spot Bitcoin exchange-traded funds (ETF) have notched a new daily record as Bitcoin (BTC) surged as high as $54,938 on Monday.
Trading volumes for the nine topped $2.4 billion on Feb. 26, beating the prior record of $2.2 billion set on the first trading day — Jan. 11, according to data shared by Bloomberg ETF analyst Eric Balchunas.
The figures on both days excluded…
