Bitcoin might finish September in the green despite regulatory pressure

eBitcoinics   30 Sep, 2021   finbold   Views: 344

Following a sluggish start to the week, Bitcoin (BTC) is experiencing some positive price movements on Thursday, September 30th, as it looks to finish the month in the green despite extreme fear showing on the barometer.

Since Wednesday, the cryptocurrency has gained over 2%, allowing it to regain its previous high of $43,000. Interestingly, the price of other prominent cryptocurrencies has followed suit, with Ethereum (ETH) and Ripple (XRP) also seeing comparable price increases.

Currently, the flagship digital asset is trading at $43,297, up 2.07% on the day but down 2.11% in the last seven days, according to CoinMarketCap.com.

Bitcoin 7 day market cap. CoinMarketCap.com

As the month draws to a close, it seems that a price prediction model released by the pseudonymous analyst PlanB back in June is once again coming true. Bitcoin was expected to be worth $43,000 by the end of September, based on the model.

Bitcoins second bull run




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