-
On Tuesday (May 28), bitcoin (BTC) declined by 1.50%. Reversing a 1.35% gain from Monday (May 27), BTC ended the session at $68,327. An unexpected rise in US consumer confidence and hawkish Fed chatter impacted buyer demand for BTC. The CB Consumer Confidence Index increased from 97.0 to 102.0 in May. An improving consumer confidence environment could fuel ...
-
Bitcoin price jumped above the psychological level of $70,000 in the overnight session as sentiment in the industry improved. The BTC/USD pair was trading at 70,100 as bulls targeted last week’s high of over 72,000. Bitcoin’s rally has accelerated after the Securities and Exchange Commission (SEC) gave its blessing for three spot Ether ETFs. These funds ...