What caused bitcoin to soar past 82000 after the FTX disaster

Bitcoin rose past $82,000 following the FTX disaster. Factors contributing to this increase included growing institutional interest, regulatory developments, and increased adoption of cryptocurrencies. Market sentiment shifted positively, with more investors entering the space. Additionally, technological advancements and the launch of new financial products fueled the momentum. The overall cryptocurrency market saw increased trading volumes, reflecting heightened activity among traders and investors.

Learn more on this news visit us at: https://theweb3.news/crypto/what-caused-bitcoin-to-soar-past-82000-after-the-ftx-disaster/

Hosted on Acast. See acast.com/privacy for more information.