Hodler’s Digest, Oct. 17-23 By Cointelegraph
Proshares’ Bitcoin ETF sees $1B in first day quantity, BTC value hits new excessive, and Coinbase companions with NBA and WNBA: Hodler’s Digest, Oct. 17-23
formally hits new all-time excessive above $65K
Bitcoin (BTC) surged to new all-time highs this week, breaking the previous ceiling of $64,900 from April because the asset went into value discovery mode earlier than topping out round $67,000.
The bullish momentum coincided with the profitable launch of ProShares Bitcoin futures-based exchange-traded fund (ETF). Many onlookers expect the value to extend within the coming weeks and months, with the extra optimistically inclined even suggesting that as much as $300,000 is feasible within the close to future.
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