Home Bitcoin News BitCoin Forex Bitcoin hits a new daily high as money flows into BITO ETF – ForexLive

Bitcoin hits a new daily high as money flows into BITO ETF – ForexLive

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Bitcoin hits a excessive of $63,510

A ‘promote the actual fact’ commerce after the launch of the US bitcoin ETF has become a ‘purchase once they promote the actual fact’ commerce.

Bitcoin is now up greater than 3% on the day to a excessive of $63,510 after falling as little as $61,062 shortly after the product launch.

All indicators are pointing to a particularly profitable launch with 19.3 million shares commerce already. We are going to get complete influx information after the shut.

The important thing quantity for bitcoin stays $64,800, which was the April excessive however the closing excessive that day of $63,655 can also be notable. That appears to be performing as resistance right here, regardless that bitcoin buying and selling by no means ‘closes’.

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