Bitcoin Price Hits $36,000: Why Is It Rising?

Bitcoin was priced above 33 thousand dollars for the first time after a year and showed a price movement up to 36 thousand dollars.

The cryptocurrency market, which has been energized in recent weeks with the news about the spot Bitcoin ETF and the SEC’s moves, was announced on the evening of Monday, October 23. BlackRock spot Bitcoin news It accelerated with . Bloomberg ETF analyst Eric Balchunas posted on his official X (Twitter) account: sharing with BlackRock spot Bitcoin ETF (iShares Bitcoin Trust) Announced that it is listed on DTCC.

Bitcoin ETF, which is listed in DTCC, which is responsible for the execution of transactions on Nasdaq, America’s largest stock exchange, is reported to have received spot ETF approval from BlackRock. led to the strengthening of discourses. Bloomberg ETF analyst Never happened before for any spot Bitcoin ETF He underlined the importance of not having Although this listing is not definitive proof that the spot Bitcoin ETF has been approved, the fact that such a development has not occurred before in any application caused the markets to act as if approval was received.

Bitcoin moved to 36 thousand dollars in futures markets in a short time

Bitcoin exhibited positive price movement shortly after the news, and a few hours later making sharp upward moves quickly in the spot market 32 thousand dollars from level 34 thousand dollars rose to levels. In forward markets, the price for 36 thousand dollars It made a leap of . It rises again in a short time from its peak point. for 32 thousand 750 dollars It continues to be traded despite a decline of up to .

Another noteworthy point was that the jump occurred simultaneously with the attack on American bases in Syria.


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