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Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout

Bitcoin has risen to $86,000, pushing US spot exchange-traded fund (ETF) investors back into profit following a $86 billion loss. According to data from CryptoSlate, Bitcoin gained about 6% in the last 24 hours, extending its September rebound. Bloomberg Intelligence ETF analyst James Seyffart commented on the move. For more details, see the original report on CryptoSlate.

Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout
Image: CryptoSlate

Bitcoin has risen to $86,000, pushing US spot exchange-traded fund (ETF) investors back into profit following a $86 billion loss. According to data from CryptoSlate, Bitcoin gained about 6% in the last 24 hours, extending its September rebound. Bloomberg Intelligence ETF analyst James Seyffart commented on the move. For more details, see the original report on CryptoSlate.

Sources

  • CryptoSlate — Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout

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