Bitcoin tops $70,000 for the first time since June as investors await earnings, Election Day
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.
Bitcoin climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election.
Maybe we will have uptober after all 👏🚀
Markets do what markets do.
Green candles and people is a interesting combination.
The price of bitcoin was last higher by about 2% at $71,048.36, according to Coin Metrics. Ether jumped 5%.
Stocks tied to the price of the cryptocurrency rose in tandem with it in premarket trading. Crypto exchange platform Coinbase and bitcoin proxy MicroStrategy advanced 3% and 5%, respectively.
Bitcoin has struggled to reclaim $70,000 this year
The last time bitcoin touched $70,000 was in June. It has tested that level several times this year, after hitting a record in March of $73,797.68, but earlier forays above $70,000 have been mere blips.
Article