Read more

Speculative Bitcoin Surge 📢

3:00 PM 16 October 2023

The cryptocurrency negates nearly a 10% rally after debunking unofficial news about the acceptance of the iShares Bitcoin ETF spot 💰

Bitcoin momentarily gained almost 10% after unconfirmed reports of the SEC's approval of a Bitcoin spot ETF. However, shortly after these reports were published online, BlackRock debunked these rumors, which brought the main cryptocurrency's value back down to levels of 28,000 USD.

Bitcoin reacted sharply to unconfirmed news about the acceptance of the spot ETF fund from iShares. The cryptocurrency briefly tested the boundary zones of the 30,000 USD barrier. After BlackRock's announcement, stating that these reports were false, the cryptocurrency's rally was largely negated. Source: xStation5

Share:
Back

Market News

27.06.2025
18:47

Daily summary: S&P 500 Hits New All-Time High, Euro Extends Rally (27.06.2025)

Wall Street heads into the weekend with a strong dose of optimism following Donald Trump's comments expressing his desire to finalize trade agreements...

 17:41

Three markets to watch next week (27.06.2025)

Financial markets are heading into the second half of the year after a few very turbulent months. While June was quiet in terms of trade negotiations between...

 17:10

BREAKING: OIL.WTI ticks down on OPEC output increase 🛢️

OPEC+ is considering another significant increase in oil production, according to the latest media reports released just minutes ago. Oil futures briefly...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits