Bitcoin breaks above $69,000 as investors turn positive again

InfoQuest··US·Read original
3▲2 ▼0Impact / 5
Summary · why it matters

Bitcoin broke out to touch $69,000 this morning, rising 6%, while Ether jumped 16% amid signs of funds flowing back into spot Bitcoin ETFs and a weaker dollar following the US government's bond buyback measures. The market is also watching the CLARITY Act, which is expected to return for consideration in September and could help set clearer rules for digital asset regulation. On the charts, Bitcoin has broken above the key resistance around $65,000, but still needs to clear the next resistance near $71,000 to $72,000.

Impact on assets 2

Others▲ · 2 stocks
Bitcoin
BTC-USD
▲ PositiveMonetaryrelevance

Bitcoin breaks above $69,000 amid weaker dollar and ETF inflows

Ethereum
ETH-USD
▲ PositiveMonetaryrelevance

Ether jumps 16% as funds flow back into crypto and dollar weakens