At the time of writing, Bitcoin is trading at $70,722, down 2.93% in the last 24 hours.
If the price manages to climb above $71,660 then it will likely test $72,760 level.
Judgment against Craig Wright, who claims to have created Bitcoin, has been handed out by UK judge James Mellor, who has made an expected ruling. Now that the court has ruled that Wright is neither Satoshi Nakamoto, the inventor of the Bitcoin code, or the author of the BTC whitepaper, the whole crypto world may breathe a sigh of relief.
The unprecedented success of Bitcoin ETFs has experts wondering how much higher they may go, given they have seen considerably bigger flows and assets than most projected before launch.
With an initial market capitalization of $28.9 billion, the 11 spot bitcoin ETFs have now grown to a combined $61 billion. Due to increased demand and a growing value of bitcoin, their total assets under management are rapidly approaching $97 billion, matching that of gold ETFs. Moreover,
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