Bitcoin Explodes Above $33k As Supply Squeeze Continues

Read more on this subject: Bitcoin
News Story Source: by Tyler Durden
Update (1115ET): Well that escalated quickly. Less than an hour after first breaking above $30,000, Bitcoin has spiked beyond $31k, then $32k…

Source: Bloomberg

…and now $33k…

Source: Bloomberg

Ether is also extending gains, nearing $780, but BTC is now trading at almost 42x ETH – its highest since May, erasing much of the DeFi boom's effects on Ethereum…

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