Crypto
Bitcoin Surges Past $79k as Regulated Futures Gain Traction in Europe
Bitcoin's (BTC) price has surged to $79,038.00, a rise of 1,439.12 dollars or 1.85% in trading on August 24. This growth comes after a record-breaking week for Bitcoin and other top cryptocurrencies, according to prominent analyst Benzinga.
The sector update from MT Newswires notes that the Strategy Makes No Bitcoin Purchases, Sales From August 17-23 did not include any purchases or sales of Bitcoin. Meanwhile, Coldcard's new firmware has been criticized after a seed failure resulted in the loss of $114 million.
Regulated futures are picking up speed in Europe, with OKX X-Perps generating around $2.5 billion in 7-day volume across the top 10 markets. Bitcoin leads this growth, followed by Ethereum (ETH), Ripple (XRP), and Solana (SOL).