After plummeting to under $53,000 on Friday, bitcoin’s reaction was quite positive as it has added more than four grand since then and stands above $57,000 now.
Most altcoins have also charted some gains over the past day, with DOGE popping above $0.1 after a 7% increase.from the spot Bitcoin ETFs in the States. In the span of five days, BTC went from over $59,000 toHowever, the bulls finally stepped up at this point and didn’t allow a further breakdown toward $50,000 as Arthur Hayes hadto above $55,000, a minor retracement, and another, more impressive rally in the evening to a 5-day high of over $58,000.
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