The price of Bitcoin (BTC) has jumped 4% over the past 24 hours, hitting the $28,300 level. Investors are increasingly buying more BTC as belief grows
Investors are increasingly buying more BTC as belief grows that the coin could be heading for another test of the vital $30,000 resistance zone.
According to analysts, October has been Bitcoin’s best-performing month on average over the past three years. Moreover, with the interest rate environment becoming increasingly clearer, the stage could be set for Bitcoin to capitalize and benefit from increased demand from retail investors. BTCMTX is being hailed as a solution to the many problems facing cloud mining, including high costs, a lack of transparency, and the risk of scams.
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