Bitcoin Surges Close to $34,000, Adding 4%

Bitcoin Surges Close to $34,000, Adding 4%

The flagship digital currency, Bitcoin, has posted two long green candles and several small ones, rising from the $32,600 area to $33,919, where it is trading at the time of writing.

Article image
Image via TradingView

Bitcoin continues to recover after the recent brief fall below the $30,000 price mark after the B-Word online conference with the participation of Tesla chief Elon Musk and Twitter CEO Jack Dorsey, a vocal Bitcoin supporter, whose team is building a decentralized Bitcoin wallet and has launched a banking app recently.

Related

Bitcoin Is Still In Bull Market: CryptoQuant Report

Musk stated that neither he personally, nor Tesla or SpaceX are going to sell their Bitcoin. Besides, Musk mentioned that the e-car making giant would likely resume accepting BTC as payment in the near future once “due diligence is done”.

According to the CryptoQuant data, Bitcoin remains in the bull market.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

Bitcoin Surges Close to $34,000, Adding 4%

Bitcoin Surges Close to $34,000, Adding 4%

The flagship digital currency, Bitcoin, has posted two long green candles and several small ones, rising from the $32,600 area to $33,919, where it is trading at the time of writing.

Article image
Image via TradingView

Bitcoin continues to recover after the recent brief fall below the $30,000 price mark after the B-Word online conference with the participation of Tesla chief Elon Musk and Twitter CEO Jack Dorsey, a vocal Bitcoin supporter, whose team is building a decentralized Bitcoin wallet and has launched a banking app recently.

Related

Bitcoin Is Still In Bull Market: CryptoQuant Report

Musk stated that neither he personally, nor Tesla or SpaceX are going to sell their Bitcoin. Besides, Musk mentioned that the e-car making giant would likely resume accepting BTC as payment in the near future once “due diligence is done”.

According to the CryptoQuant data, Bitcoin remains in the bull market.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

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