Investing.com - Financial Markets Worldwide
⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

In Response to Upcoming US Exec Order, BTC Surges to Over $41K

Published 03/09/2022, 03:45 AM
Updated 03/09/2022, 04:00 AM
© Reuters. In Response to Upcoming US Exec Order, BTC Surges to Over $41K
BTC/USD
-

  • BTC breaks $40k resistance level.
  • Bitcoin trades over $41K.
  • BTC price performance remains good prior to US executive order.

The bullish market favors Bitcoin once again as it trades over $41k, breaking free from its $40k resistance level. Furthermore, BTC is now trading almost $30 billion in the past 24 hours, an amount that justifies the overwhelming number of investors of BTC. This performance of the coin recorded a 24-hour growth rate of over +8%.

Meanwhile, the news about the American President Joe Biden signing an executive order about Bitcoin and cryptocurrencies also impacts the recent price performance of the coin. It is said that Biden will sign the executive order this week. The order is expected to address the issues faced by digital assets or cryptocurrencies in the country.

In terms of the ongoing crisis between Russia and

Continue reading on CoinQuora

Latest comments

Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.