After the large company Grayscale, which manages trusts for cryptocurrencies and other investment products, won a lawsuit against the US regulator SEC over the controversial issue that the latter rejected an important transaction, Bitcoin and Ethereum have significantly increased in price. But we do not rule out that this positive is too little for these assets to continue to “rocket” upwards. There is no certainty that the SEC will step back and stop digging into the affairs of crypto companies, and there, if you want, you can always find a “skeleton in the closet.” All that remains for the crypto world is to negotiate in a fair or not fair way. And so, it has always been. I think that the latter will happen, in which case the very first cryptocurrency in the world Bitcoin can test the strength of the spirit of the sellers at around 30,000.
Invest amid the seize the Bitcoin Boom
Bitcoin is once again approaching its all-time high, yet this surge in price has not significantly increased retail investor interest. Despite hitting $73,562 on October 29, the cryptocurrency's popularity among retail investors remains tepid, with search trends and app rankings showing little change.