Bitcoin Recovers to $31,384, Gaining 5.3%
Yuri Molchan
The flagship cryptocurrency has extended its recent gains, rising over $31,300
News
Wed, 07/21/2021 - 11:17
Cover image via stock.adobe.com
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.
Image via TradingView
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.
Besides, some crypto whales continue to buy BTC, according to a recent analytics report by CryptoQuant.
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.