The Reason Why Bitcoin Price Reached Its Highest Level In The Last 13 Months Has Been Determined!

While the crypto market breathes in the positive air from the recently announced summary judgment in the SEC and Ripple case, the price of XRP soared rapidly. This rise in the leading altcoin caused Bitcoin, the largest cryptocurrency, to reach prices not seen since last year. Chain data company Santiment shared the reason behind Bitcoin reaching its highest level in 13 months at $31,800. Two Investor Groups Behind the Movement in Bitcoin In a recent tweet by Santiment, the company shared the reasons behind the sudden 4.45% increase in the price of Bitcoin on June 13, bringing it to $31,800, which hasn’t been seen since June 1, 2022. The chain data company stated that Ripple’s partial victory against the US Securities and Exchange Commission (SEC) in court has redirected investors towards Bitcoin as well as XRP. According to Santiment, intermediate-level investors have shown significant signs of Bitcoin accumulation. These intermediate-level […] The post The Reason Why Bitcoin Price Reached Its Highest Level In The Last 13 Months Has Been Determined! appeared first on COINTURK NEWS.