Finance

Why Bitcoin (BTC) Price Rallied to $42K?

“Despite the run, bitcoin remains very constructive,” Thorn said with overhangs reducing (bad actors exiting, bankruptcies resolving), catalysts on the horizon (spot ETFs, halving), holders remaining firm, a constructive macro environment, and institutional engagement still mostly on the sidelines.”

Source link: https://www.coindesk.com/markets/2023/12/04/bitcoin-rally-to-42k-fueled-by-panic-buying-pushes-crypto-market-cap-over-15t/?utm_medium=referral&utm_source=rss&utm_campaign=headlines by Krisztian Sandor at www.coindesk.com