Ahead of the pivotal ruling nearly 30,000 BTC, worth $822 million at the going market rate of $27,400, were moved to addresses tied to centralized exchanges, according to data tracked by analytics firm Santiment. The ruling led to a 6% surge in bitcoin prices pushing the top cryptocurrency to $28,000.
Related posts
-
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has ‘No Effect’ on Policy
CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the... -
Bitcoin Price Advances Again: Can Bulls Push It Even Higher?
Bitcoin price is gaining pace above $75,000. BTC is rising and might aim for a move... -
JPMorgan Stays Bullish: ‘We Are Positive on Bitcoin Into 2025’
JPMorgan forecasts a bullish outlook for bitcoin through 2025, citing Trump’s economic policies and intensified “debasement...