Opinion: Bitcoin Challenges $67,000 Mark Again, ETH Jumps to $3,250, HBAR Stands Out After Engagement with BlackRock
Bitcoin has made another attempt to break above the $67,000 barrier in the past day or so, but failed to decisively break through and is now just a little below it, CryptoPotato reports. Meanwhile, ETH jumped to $3,250 and TON recovered some of its recent losses. HBAR is today's top performer after engaging with BlackRock. The price of Bitcoin faced significant volatility last week as tensions between Iran and Israel escalated. However, once Iran said there would be no immediate retaliation, Bitcoin went on the offensive and surged over $5,000. Since then, price volatility has decreased. Bitcoin has gradually increased in value and has challenged the $67,000 barrier a few times in the past day or so. However, the asset has yet to be able to break above that level and is now trading a few hundred dollars below it. Separately, Hedera yesterday announced a partnership with Archax to tokenize BlackRock’s ICS U.S. Treasury Money Market Fund on its blockchain. There was an immediate and huge reaction to HBAR, but then Archax’s CEO informed that it was not BlackRock that chose Hedera, but the company he runs. Still, HBAR gained 60% on the day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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