Bitcoin Price Prediction As BTC Flirts With 70K And The 99BTC Learn-To-Earn ICO Closes On $2 Million
The Bitcoin price is up a fraction in the past 24 hours to trade for $69,316 as of 03:32 a.m. EST on trading volume that surged 26%. The BTC price continues to flirt with the $70,000 psychological level amid multiple bullish fundamentals, starting with Australia’s first BTC ETF (exchange-traded fund) hitting markets on Tuesday, June 4. Australia’s first spot Bitcoin ETF, the Monochrome Bitcoin ETF, debuts on the CBOE Australia exchange today. BREAKING: 🇦🇺 Australia's first #Bitcoin ETF to start trading tomorrow. pic.twitter.com/79EyJyHCqV — Bitcoin Archive (@BTC_Archive) June 3, 2024 Banking woes in the US are also bullish for Bitcoin with the FDIC warning that 63 Lenders are on the brink of insolvency as banks sit on $517 billion in unrealized losses. BREAKING 🚨: U.S. Banking System FDIC warns that 63 Lenders are on the brink of insolvency due to banks sitting on $517 billion in unrealized losses pic.twitter.com/creciUQo7k — Ba...