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Bitcoin snaps 7-day winning streak after breaching US$50,000 plateau

Bitcoin snaps 7-day winning streak after breaching US$50,000 plateau
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Bangkok Post - Bitcoin snaps 7-day winning streak

Bangkok Post - Bitcoin snaps 7-day winning streak
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Bitcoin Snaps 7-Day Winning Streak After Breaching $50,000 Plateau

(Bloomberg) Bitcoin fell for the first time in eight trading sessions as speculators sought a respite following the recent rally that pushed the largest cryptocurrency beyond $50,000 for the first time in more than two years. Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillWall Street Roiled by ‘Still Sticky’ CPI Signals: Markets WrapPutin Seeks Revenge on a World Order He Once Wanted to JoinTrump Asks Supreme Court to Keep DC Election Trial on HoldRetail Tra

Bitcoin jumps to 21-month high with ETF approval seen imminent

The latest rally came after BlackRock, Ark and several other prospective ETF issuers filed amended forms with US regulators.

Crypto gets crazy again with dog-inspired tokens and Bitcoin eyeing $45,000

“Alt-season is back,” said Teong Hng, chief executive at crypto investment firm Satori Research. “The current situation exudes similar vibes like the 1Q of 2021.”

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