Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000
Cointelegraph
Published Aug 05, 2021 02:23PM ET
Updated Aug 05, 2021 04:00PM ET
Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) today after the successful launch of Ethereum's London hard fork and a series of new Bitcoin ETF filings, resulting in a rally that propelled BTC's price 9% higher and caused Ether to gain 11.75% which pushed the altcoin closer to the elusive $3,000 level.
Data from Cointelegraph Markets Pro and TradingView shows that after an early morning sell-off that saw BTC fall to $37,280, the bulls stepped in and the ensuing high volume spike sent BTC price to an intraday high of $40,775.
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Written By: Cointelegraph
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