Bitcoin’s price is experiencing gains and is Trading above the significant level of $30,000. This is not the first time that Bitcoin has attempted to surpass this level during the week. On October 16th, the price briefly reached around $30,000 on Binance due to false reports of an approved spot Bitcoin ETF. However, once the reports were proven false, the market corrected. Two days later, Bitcoin once again reached $30,000 but was unable to sustain this level.
As of now, Bitcoin is trading at $30,101, showing a 2% increase in the day and a 12% increase in the week. The reason for this recent increase is unclear, but optimism in the market regarding the possible approval of a spot Bitcoin ETF by the United States Securities and Exchange Commission may be a driving factor. The total trading volume in the past 24 hours remains relatively low at around $34 billion.
Other cryptocurrencies are also performing well, with Ethereum (ETH) gaining 1.6% in the past day. In terms of derivative trading, data from Coinglass shows that $68 million worth of liquidated positions occurred in the past day.
Meanwhile, there are some special offers available for cryptocurrency traders. Binance is offering free $100 for registration, along with a 10% discount on fees for the first month of trading on Binance Futures. PrimeXBT is also providing a special offer with up to $7,000 on deposits for those who register using a specific code.
Overall, Bitcoin’s price is experiencing gains and is currently trading above $30,000. The market remains optimistic about the potential approval of a spot Bitcoin ETF, and other cryptocurrencies such as Ethereum are also performing well. Traders have the opportunity to take advantage of special offers from platforms like Binance and PrimeXBT..
#Bitcoin #BTC #Price #Today
As of now, Bitcoin is trading at $30,101, showing a 2% increase in the day and a 12% increase in the week. The reason for this recent increase is unclear, but optimism in the market regarding the possible approval of a spot Bitcoin ETF by the United States Securities and Exchange Commission may be a driving factor. The total trading volume in the past 24 hours remains relatively low at around $34 billion.
Other cryptocurrencies are also performing well, with Ethereum (ETH) gaining 1.6% in the past day. In terms of derivative trading, data from Coinglass shows that $68 million worth of liquidated positions occurred in the past day.
Meanwhile, there are some special offers available for cryptocurrency traders. Binance is offering free $100 for registration, along with a 10% discount on fees for the first month of trading on Binance Futures. PrimeXBT is also providing a special offer with up to $7,000 on deposits for those who register using a specific code.
Overall, Bitcoin’s price is experiencing gains and is currently trading above $30,000. The market remains optimistic about the potential approval of a spot Bitcoin ETF, and other cryptocurrencies such as Ethereum are also performing well. Traders have the opportunity to take advantage of special offers from platforms like Binance and PrimeXBT..
#Bitcoin #BTC #Price #Today
