Wednesday, February 28, 2024

Blockchain News

Strong Activity and Improved Liquidity Keeps Bitcoin Above $50,000

By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) concluded the week at approximately $51,725, indicating a slight 0.8% decline from the prior week's closing price of about $52,150. The week was characterized by relatively low volatility, with prices maintaining stability between approximately $53,000 and $50,500, marking a range of around 4.7%. The peak trading value of $52,985 was recorded on Tuesday. The focus remains on BTC Spot ETFs,...