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International Business Times

Business

Marvie Basilan

UNCOVERED: Bitcoin hits 65k why is btc up today | History Defined

Bitcoin Gary Gensler Crypto HarrisWalz SEC

Bitcoin has broken above $65,000 after days of struggling at $63,000. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

Spot Bitcoin ETFs had a huge day Thursday, logging $365.7 million in positive flows
Bitcoiners are looking forward to 'Uptober,' which could kick off a positive 4th quarter for $BTC
Gensler on Thursday affirmed that Bitcoin is a commodity, not a security

Bitcoin has finally broken the $65,000-line after days of struggling between $63,000 and $64,000. The world's first decentralized cryptocurrency has been on an uptrend in recent weeks, but on a slower pace compared to its speedy surges earlier this year.

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