Bitcoin Surges Beyond $30k: Are we Headed for $35k?

Despite a necessary pullback after many investors started to close their positions with profits, Bitcoin‘s price started to consolidate above $30,000 following the recent rally that began on June 20. The overall sentiment among investors in the market is that the journey towards $35,000 continues. Bitcoin Price Set to Rise to $35K As traditional finance companies flock to the sector, interest in cryptocurrencies continues to increase. BlackRock’s iShares spot Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC) has spurred a chain reaction, causing numerous financial giants such as Valkyrie Investments, Invesco, WisdomTree, and Bitwise to initiate their spot Bitcoin ETF applications. There is now a global corporate rush towards cryptocurrency. Furthermore, the launch of the cryptocurrency exchange EDX Markets, backed by Citadel Securities, Fidelity Digital Assets, and Charles Schwab, has triggered an increase in interest among individual and institutional investors on June 20. Cryptocurrency investors are currently […] The post Bitcoin Surges Beyond $30k: Are we Headed for $35k? appeared first on COINTURK NEWS.