common-close-0
BYDFi
Trade wherever you are!

What is the latest news about Bitcoin on CNBC?

avatarLewis Arnol YerriDec 26, 2021 · 3 years ago3 answers

Can you provide me with the latest news about Bitcoin on CNBC? I'm interested in staying updated on the current developments and trends in the Bitcoin market.

What is the latest news about Bitcoin on CNBC?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The latest news about Bitcoin on CNBC is that the price of Bitcoin has reached a new all-time high, surpassing $60,000. This surge in price is attributed to increased institutional adoption and growing interest from retail investors. Experts believe that Bitcoin's bull run is far from over and predict further price appreciation in the coming months. It's an exciting time for Bitcoin investors!
  • avatarDec 26, 2021 · 3 years ago
    Well, the latest news about Bitcoin on CNBC is that there has been a significant drop in its price. The market experienced a correction, and Bitcoin's price fell below $50,000. This dip is seen as a healthy correction after the recent price surge. Many experts believe that this presents a buying opportunity for those who missed out on the earlier rally. It's important to remember that Bitcoin's price is highly volatile, and such fluctuations are not uncommon in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    According to CNBC, the latest news about Bitcoin is that the SEC has approved the first Bitcoin ETF. This is a significant development for the cryptocurrency market as it allows investors to gain exposure to Bitcoin without directly owning it. The ETF will be listed on major exchanges and is expected to attract institutional investors who were previously hesitant to invest in Bitcoin. This approval is seen as a positive step towards mainstream adoption of cryptocurrencies.