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<ul> 
 <li>Bitcoin’s stability comes impressively ahead of the U.S. Consumer Price Index release.</li> 
 <li>Glassnode’s co-founder predicts a potential BTC surge toward the significant $30,<a href="https://cryptonewsland.com/cathie-wood-remains-confident-bitcoins-potential-to-reach-1000000-by-2030/">000</a> mark.</li> 
 <li>Despite challenges, BTC’s current market cap surpasses $514 billion, emphasizing its dominance.</li> 
</ul> 
<p>Bitcoin, undeterred by increasing regulatory scrutiny in the U.S., confidently holds its ground at $26,305—a modest yet promising over 0.40% hike within a day. The digital currency showcased its resilience, especially with the unveiling of the U.S. Consumer Price Index.&nbsp;</p> 
<p>While initial concerns pointed towards a potential volatility surge following the CPI’s slightly heightened numbers, Bitcoin proved them wrong by sturdily maintaining its $26,000 mark.&nbsp;<a href="https://twitter.com/Negentropic_/status/1702733794439004303" target="_blank" rel="noreferrer noopener">Glassnode’s co-founder</a>&nbsp;brings further optimism, forecasting Bitcoin’s promising trajectory toward the coveted $30,000 landmark.&nbsp;</p>    
<p>As Bitcoin continues its upward climb, slight resistance around $27,400 and $28,<a href="https://cryptonewsland.com/bitcoin-accumulation-surges-at-30200/">200</a> is anticipated. However, these are mere stepping stones in Bitcoin’s march toward $30,000.&nbsp;</p> 
<p>Currently, its market capitalization stands impressively at over $514 billion, with a day’s trading volume close to $12 billion, emphasizing Bitcoin’s formidable presence in the crypto domain. The present scenario reflects Bitcoin’s staunch approach, despite minor hiccups, indicating a bright future.</p> 
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   <a href="https://cryptonewsland.com/bitcoin-btc-price-prediction/">Bitcoin (BTC) Price Prediction 2023 to 2031: Will BTC Price Hit $69K Soon?</a>
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<p>As the digital landscape evolves, Bitcoin, the pioneer of cryptocurrencies, remains poised for continued growth. Its inherent resilience and adaptability suggest a promising trajectory for Bitcoin in the ever-evolving crypto industry.&nbsp;</p> 
<p>The momentum suggests that Bitcoin’s future is not just promising but luminous, potentially setting new benchmarks and paving the way for subsequent blockchain innovations.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
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 <li><a href="https://cryptonewsland.com/texas-scrutiny-steph-curry-and-tom-brady-endorsed-ftx/">Texas Scrutiny: Steph Curry and Tom Brady Endorsed FTX</a></li>
 <li><a href="https://cryptonewsland.com/crypto-sleuth-hints-secs-double-standards-ripple-and-ethereum-in-the-spotlight/">Crypto Sleuth Hints SEC’s Double Standards: Ripple and Ethereum in the Spotlight</a></li>
 <li><a href="https://cryptonewsland.com/revolutionary-cryptos-with-massive-potential-for-investors-in-2023/">Revolutionary Cryptos With Massive Potential for Investors in 2023</a></li>
 <li><a href="https://cryptonewsland.com/us-debt-ceiling-decision-implications-for-bitcoin/">Bitcoin’s Fate: Balancing on the Edge of the U.S. Debt Dilemma</a></li>
</ul> 
<p>The post <a rel="nofollow" href="https://cryptonewsland.com/how-bitcoin-is-defying-u-s-regulatory-scrutiny-to-eye-30k/">How Bitcoin Is Defying U.S. Regulatory Scrutiny to Eye $30K</a> appeared first on <a rel="nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

How Bitcoin Is Defying U.S. Regulatory Scrutiny to Eye $30K

Crypto News Land

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