Bitcoin Price Roars Towards $80,000 Following Positive Regulatory News, US Buyback Pledge
Bitcoin Magazine Bitcoin Price Roars Towards $80,000 Following Positive Regulatory News, US Buyback Pledge Bitcoin has continued its rocket upwards, and blew past $79,000 on Friday. This post Bitcoin Price Roars Towards $80,000 Following Positive Regulatory News, US Buyback Pledge first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
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It was one of the most impressive endings to a business week in a long, long time. Let's dive in.
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Ethereum has staged a sharp breakout from its multi-week consolidation, with ETH now trading around $2.4K after reclaiming the descending trendline that had capped the broader recovery. The move is supported by a strong acceleration in momentum and a noticeable rise in short liquidations, although the sharp increase in RSI readings suggests the rally could…
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