At press time, the father of cryptocurrency is back up to $ 6,700. This is about $ 100 higher than where it was yesterday, and about $ 300 higher than where it’s stood all week.
Bitcoin has allegedly been on the brink of recovery. Following the news that the Securities and Exchange Commission (SEC) had rejected nine separate bitcoin ETF proposals, many thought the currency would react negatively to the news and tank like it usually does. Thankfully, bitcoin was largely unresponsive to the news, and remained in the $ 6,400 range throughout the week, giving many people hope that the market was beginning to mature.