Today news
About the same in other media
Bitcoin Creates a new ATH of $69K
Reading now: 302
blockchain.newsThe price of Bitcoin once again hit a new high of $69,000 at UTC time following Ether hitting $4,868 earlier today.
The US Bureau of Labor released data on inflation earlier in the morning which showed that the core inflation rate was the highest in 30 years.
The inflation data supported the argument that cryptocurrency is a hedge against rising cost pressures. Bitcoin and Ethereum both hit new highs.
Although the bulls did not hold on to the new high for a long time, after a brief impact on the high, traders began to take profits and the shorts occupied the market.
At the time of writing, according to Coinmarketcap, bitcoin dropped by 3.84% in 24 hours and BTC was trading at around $64,505.85.
Judging from the daily candlestick chart,
Read more on blockchain.newsAbout this in other media
Bitcoin City: El Salvador plans world's first city built with crypto bonds and powered by volcano euronews.com /2 years ago
El Salvador president plans 'Bitcoin City' financed by crypto bonds moneycontrol.com /2 years ago
El Salvador Plans World's First Bitcoin City ndtv.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
