Bitcoin Surges Past $28K, Breaking May Record.

1 min read
Source: Decrypt
Bitcoin Surges Past $28K, Breaking May Record.
Photo: Decrypt
TL;DR Summary

Bitcoin breaks above $28,000 for the first time since May, with a 5.23% increase in price and a 50% rise in market capitalization after news of BlackRock filing a new Bitcoin ETF. BlackRock has been working with Coinbase to custody the ETF, and the news has revived hope for a Bitcoin ETF approval. Other cryptocurrencies like ETH, Dogecoin, and SOL also saw an increase in trading price. However, Bitcoin's current price is still far from its all-time high of $68,789.

Share this article

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

1 min

vs 2 min read

Condensed

71%

27380 words

Want the full story? Read the original article

Read on Decrypt