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Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion

CryptoSlate
Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion

Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows. The move coincided […] The post Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion appeared first on CryptoSlate.

Key Takeaways

  1. Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices.
  2. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows.
  3. The move coincided […] The post Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion appeared first on CryptoSlate.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.