Bitcoin Recovers to $31,384, Gaining 5.3%

Yuri Molchan

The flagship cryptocurrency has extended its recent gains, rising over $31,300

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Wed, 21/07/2021 - 11:17

Bitcoin Recovers to $31,384, Gaining 5.3%

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The leading digital currency, Bitcoin, has continued to surge above the $30,000 level it recovered earlier today.

By now, it has extended gains by another five percent, trading at $31,360 at press time.

It has, by now, declined from the $31,384 level.

BITCOIN EXTENDS GAINS, LAST UP 5.3% AT $31,384
— *Walter Bloomberg (@DeItaone) July 21, 2021

Earlier, U.Today reported that ARK, spearheaded by Cathie Wood, had purchased an extra 140,157 shares of Grayscale's Bitcoin Trust (GBTC) on the recent dip.

Bitcoin Whales Grabbing the Dip as Bitcoin Drops Below $30,000 and Miners Are Selling

Besides, some crypto whales continue to buy BTC, according to a recent analytics report by CryptoQuant.

#Bitcoin News

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.