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BTC Spikes As Traditional Exchange Trading Prospect Grows

Friday, Oct 27 2023

Cryptocurrency

Written by FinTech News Brief

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Bitcoin’s value is surging as it topped $35,000—a mark it has not hit since May 2022. So reports CNN.

The digital asset, which spiked 20% in just a five-day window, likely saw gains at the prospect it could be traded on “good old-fashioned stock exchanges.” Additionally, others speculate the rise in value could be due to economic uncertainty surrounding traditional bonds and stocks, which have floundered in recent months.

Read the full article from CNN.

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