Bitcoin tops $31,000 to start the week as hopes grow over ETF
Publishing timestamp: 2023-10-23 13:40:29
Summary
Bitcoin's price briefly rose above $31,000 and had its best week since June. Investors are hopeful that the approval of a Bitcoin ETF will help break the narrow price range. The recent price action has also led to increased trading activity and lifted Bitcoin's year-to-date return. Other cryptocurrencies like ether and Solana have also seen gains. Publicly traded companies like Coinbase, Microstrategy, Marathon Digital, and Riot Platforms have also experienced positive movement.
Sentiment: MIXED
Tickers: MARA, RIOT, BTC.CM=, MSTR, SOL.CM=, COIN, ETH.CM=,
Keywords: breaking news: investing, investment strategy, breaking news: markets, cryptocurrency, bitcoin, technology, coinbase global inc, microstrategy inc, riot platforms inc, solana/usd coin metrics, bitcoin/usd coin metrics, business news, marathon digital holdings inc, markets, ethereum/usd coin metrics,