The Bitcoin Price is Booming, But Here’s Why You Shouldn’t Get Too Excited [Yet]


The Bitcoin Price is Booming, But Here’s Why You Shouldn’t Get Too Excited [Yet]The bitcoin price on Friday posted one of its most robust bullish sessions in weeks as it rose as much as 10.5 percent in just twelve hours. The bitcoin-to-dollar exchange rate (BTC/USD) established a higher high towards $3,710, up 10.38 percent from the Asian session open. It was not a matter of technicals only; the fundamentals also played an important role in catalyzing the ongoing bitcoin bull run. Robert J. Jackson Jr., a commissioner at the US Securities and Exchange Commission (SEC), said in an interview that the regulatory agency would eventually approve a bitcoin ETF. The news, it seems, helped
The post The Bitcoin Price is Booming, But Here’s Why You Shouldn’t Get Too Excited [Yet] appeared first on CCN

The bitcoin price on Friday posted one of its most robust bullish sessions in weeks as it rose as much as 10.5 percent in just twelve hours. The bitcoin-to-dollar exchange rate (BTC/USD) established a higher high towards $3,710, up 10.38 percent from the Asian session open. It was not a matter of technicals only; the fundamentals also played an important role in catalyzing the ongoing bitcoin bull run. Robert J. Jackson Jr., a commissioner at the US Securities and Exchange Commission (SEC), said in an interview that the regulatory agency would eventually approve a bitcoin ETF. The news, it seems, helped

The post The Bitcoin Price is Booming, But Here’s Why You Shouldn’t Get Too Excited [Yet] appeared first on CCN

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