Bitcoin started the first month of the year on very high note. This was a continuation of the previous month’s trend that saw the apex coin register significant gains.
One factor was responsible for the uptrend. The market at the time was going through one of the best period as the news of an impending approval of bitcoin ETF was making waves. In response, bitcoin had several surges.
One such took place on the eighth day of the month. It opened trading at $43,936 and dropped to a low of $43,213. Afterward, it surged to a high $47,281 but dropped to a close of $46,995. This meant it gained almost 7%.
The approval came and top coin continued its uptrend. As a result it continued its uptrend and surged its highest in almost a year.
The post Market Wrap: Bitcoin Ends January Failing Several Bullish Predictions appeared first on Coinfomania.
