In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Bitcoin’s Price Reaches $35K, a Level Not Seen Since May 2022. What’s Next for Bitcoin Price?

Bitcoin’s Price Reaches $35K, a Level Not Seen Since May 2022. What’s Next for Bitcoin Price?

Approval of BlackRock's Bitcoin Spot ETF has never been closer.

Sylvain Saurel
Oct 24, 2023
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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
Bitcoin’s Price Reaches $35K, a Level Not Seen Since May 2022. What’s Next for Bitcoin Price?
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Last week, we had fake news about the validation of BlackRock's Bitcoin Spot ETF, which pushed the Bitcoin price over $30K for a few minutes before Cointelegraph apologized for spreading the rumor on its X account.

On October 23, 2023, we had several important news items during the day that sent the price of Bitcoin soaring by over 13% in just a few hours to over $35K:

At the time of writing, the price of Bitcoin is just under $34K.

Behind this sudden and violent rise in the price of Bitcoin are 3 announcements linked to Bitcoin Spot ETFs:

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