Bitcoin tops $48,000 in a big comeback to end the week
Publishing timestamp: 2024-02-09 17:12:26
Summary
Bitcoin's price breached the $48,000 level for the first time since the launch of spot bitcoin ETFs. The positive sentiment is returning as outflows from Grayscale Bitcoin ETF slow and there is momentum from the S&P 500. Crypto equities, such as Coinbase and Microstrategy, also rose. Bitcoin is nearing a key resistance level that could open the door to a new all-time high.
Sentiment: MIXED
Tickers: COIN, RIOT, MSTR, ETH.CM=, BTC.CM=, MARA,
Keywords: riot platforms inc, breaking news: investing, microstrategy inc, breaking news: markets, ethereum/usd coin metrics, investment strategy, markets, cryptocurrency, bitcoin/usd coin metrics, bitcoin, business news, coinbase global inc, grayscale bitcoin trust (btc), technology, marathon digital holdings inc,
Source: https://www.cnbc.com/2024/02/09/bitcoin-tops-48000-in-a-big-comeback-to-end-the-week.html