Bitcoin price close to $29,000


On June 21, the quotes of the first cryptocurrency at the moment exceeded the level of $29,000. The total capitalization of the digital asset market approached $1.2 trillion.

At the time of writing, Bitcoin is trading at $28,940. Over the past day, the asset has risen in price by 8%, according to CoinGecko.

Hourly BTC/USDT chart on Binance exchange. Data: Trading View.

Following bitcoin, all assets from the top 10 by capitalization were in the “green zone”. Cardano (+8.7%) and Solana (+5.8%) went up in price over the day.

Data: CoinGecko.

Analyst Kevin Peng of The Block Research attributed Bitcoin’s rise to optimism amid BlackRock’s asset manager filing to launch Bitcoin.ETFs. The index of dominance of the first cryptocurrency approached 51%.

Recall that on June 10, the price of bitcoin fell below $26,000. On June 14, digital gold quotes began to recover after saving Fed key rate.

Earlier, the founder of MicroStrategy, Michael Saylor, predicted a multiple growth of bitcoin due to regulation. In his opinion, actions SEC laying the groundwork for the next bullish phase.

Former Chairman CFTC Timothy Massad stated that the future of digital assets depends on the outcome of SEC lawsuits against cryptocurrency exchanges Binance and Coinbase.

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