Bitcoin (BTC) Soars 10%: 200-Day Moving Average Reaches Unprecedented High
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- Anthony Pompliano, a renowned venture investor and entrepreneur, recently appeared on CNBC’s Squawk Box to discuss the recent surge in Bitcoin’s value.
- Despite its daily volatility, Bitcoin has been on a steady growth trajectory since the beginning of the year.
- Pompliano attributes the price increase to factors such as the recent halving and the first inflow in Grayscale’s GBTC ETF since January.
Bitcoin’s value continues to rise, with factors such as the recent halving and a significant inflow in Grayscale’s GBTC ETF contributing to the surge. Venture investor Anthony Pompliano discusses these developments on CNBC’s Squawk Box.