Bitcoin hits $39K highs as SEC Chair comments give BTC price 2% boost

Cointelegraph

Published Aug 04, 2021 09:27AM ET

Updated Aug 05, 2021 04:20AM ET

Bitcoin (BTC) hit 24-hour highs later on Wednesday as fresh comments from the United States regulatory sphere boosted flagging price action.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView confirmed local highs above $39,000 on Bitstamp, with BTC/USD jumping more than 2% in an hour.

BTC/USD buy and sell levels (Binance) as of Aug. 4. Source: Material Indicators/Twitter

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