Bitcoin

<p><a href="https://cryptoticker.io/en/bitcoin-price-prediction-will-the-bull-run-continue-bitcoin-etf/">Bitcoin</a> has hit a big milestone. It soared to $34,000 really fast. This isn’t just luck. Big moves in the crypto world helped push it up. One big news is about Blackrock’s new Bitcoin product.</p>   
<h3 id="h-bitcoin-s-quick-climb">Bitcoin’s Quick Climb</h3> 
<p>Bitcoin’s price shot up to $34,000 super fast. In just one day, it grew by over <strong>$3,000</strong>. Right now, it’s priced around $33,675.55. Its total value in the market is now over <strong>$650 billion</strong>. In one day, it grew 12%. In one week, it grew 16.60%.</p> 
<figure class="wp-block-image size-large is-style-default">
 <img loading="lazy" width="1835" height="778" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/image-279.png" alt="" class="wp-image-120734">
</figure> 
<p><strong>BTC/USDT 1D – BINANCE</strong></p> 
<h3 id="h-news-from-blackrock">News from Blackrock</h3> 
<p><a href="https://cryptoticker.io/en/false-reports-blackrock-etf-approval/">Blackrock</a> is a big investment company. They’re getting ready to launch a new Bitcoin product. This product now has its own unique code. This means it’s getting ready to be launched. There’s also talk that Blackrock might put its own money into this product. This shows they believe in it.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">The iShares Bitcoin Trust has been listed on the DTCC (Depository Trust &amp; Clearing Corporation, which clears NASDAQ trades). And the ticker will be <a href="https://twitter.com/search?q=%24IBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IBTC</a>. Again all part of the process of bringing ETF to market.. h/t <a href="https://twitter.com/martypartymusic?ref_src=twsrc%5Etfw">@martypartymusic</a> <a href="https://t.co/8PQP3h2yW0">pic.twitter.com/8PQP3h2yW0</a></p>— Eric Balchunas (@EricBalchunas) <a href="https://twitter.com/EricBalchunas/status/1716529570759704832?ref_src=twsrc%5Etfw">October 23, 2023</a>
  </blockquote> 
 </div>
</figure> 
<h3 id="h-grayscale-s-win">Grayscale’s Win</h3> 
<p>Grayscale is another big name in crypto. They had a legal fight with the SEC. They won. This means the SEC has to rethink a decision they made about Grayscale’s Bitcoin product.</p> 
<h3 id="can-bitcoin-hit-its-all-time-high-again">Can Bitcoin Hit Its All-Time High Again?</h3> 
<p>With Bitcoin’s jump to $34,000, many wonder if it can touch its peak again. Big news from companies like Blackrock boosts hope. If more big players back Bitcoin and the market stays positive, we might see Bitcoin climb even higher. But remember, the crypto world is always unpredictable.</p> 
<h3 id="h-in-short">In Short</h3> 
<p>Bitcoin’s rise to $34,000 is big news. It shows that big companies and investors trust in Bitcoin. With more news coming, we can expect more exciting times for Bitcoin.</p>

Bitcoin News: Bitcoin Jumps 12% to Hit $34k in a Day!

Table of Contents

CryptoTicker ENG

Other articles published on Oct 24, 2023

BTC Encounters Resistance Amidst Rising Concerns Over Tether Issuance

What is the Reason for the Recent Partial Decline in Bitcoin After the Big Rally?

Haru Invest To Shut Down Servers Amid Bankruptcy Proceedings

NerdBot (NERD) to be Listed on Bitget – Empowering Traders with Advanced Analytics and Trading Tools

DCG announces 23% Q3 revenue jump and Genesis repayments amid legal hurdles

MINA Listed by Bitcoin Exchange Upbit Today Made a Big Jump! Will the Rise Continue?

Join our free newsletter for daily crypto updates!