Morning Minute: Bitcoin Hits $86,000 as Oil Slides and ETFs Bid
Crypto majors continue their climb while alt leaders hit new ATHs. What’s driving the recent run up?
Crypto majors continue their climb while alt leaders hit new ATHs. What’s driving the recent run up?.
Prices at the time of writing, on 23 September: Bitcoin (BTC) at $83,906, which slipped 3.0% over the previous day and climbed 11.2% across the week. The wider market slipped 2.7% over the same span, with total capitalisation at $2.93T.
Our own momentum signal on Bitcoin reads 58 out of 100 — neutral — weighting the 24-hour move twice the seven-day one. Fifty is flat; the venue or filing has no say in that score.