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Why Is Bitcoin Price Going Up Today? Rally Defies Every Bearish Catalyst

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A hand with red nails holding a large golden Bitcoin coin against a candlestick chart.

The post Why Is Bitcoin Price Going Up Today? Rally Defies Every Bearish Catalyst appeared first on Coinpedia Fintech News

Bitcoin is trading at $86,767.30, up 1.1% over 24 hours and 14.6% over the past week, following a rally that pushed it to $87,000, its highest level in eight months. Over $1 billion in positions were liquidated in a single 24-hour stretch on the way there. Every Bearish Catalyst Fired At Once Three things happened …

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