{"id":476724,"date":"2021-11-18T07:55:26","date_gmt":"2021-11-18T07:55:26","guid":{"rendered":"https:\/\/ktsl888.com\/?p=476724"},"modified":"2021-11-18T07:56:08","modified_gmt":"2021-11-18T07:56:08","slug":"inflation-fears-sparks-bitcoin-rally-before-taproot-crypto-roundup-nov-15-2021","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/trade\/inflation-fears-sparks-bitcoin-rally-before-taproot-crypto-roundup-nov-15-2021\/","title":{"rendered":"Inflation fears sparks Bitcoin rally before Taproot – Crypto Roundup, Nov 15, 2021"},"content":{"rendered":"

First major upgrade in four years set to accelerate Bitcoin innovation<\/em><\/p>\n

\u00a0<\/strong>After briefly eclipsing all-time highs on shocking inflation figures<\/a>, Bitcoin settled down to finish the week with 2% losses as the long-awaited Taproot upgrade<\/a> was activated<\/p>\n

At its peak on Wednesday, Bitcoin<\/a> flirted with the $69K level. Within a few hours however, fresh fears of an Evergrande-induced financial collapse<\/a> swept over the market, dragging cryptoassets down alongside the S&P 500. Adding to the blow, the Securities and Exchange Commission then denied another spot Bitcoin ETF application<\/a> on Friday.<\/p>\n

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This volatility capped gains in the altcoin market, with most smaller cryptoassets finishing the week in the same place they started. However, Zcash<\/a>, and Litecoin<\/a>, which both share DNA with Bitcoin, enjoyed double-digit gains as their big brother got an upgrade.<\/p>\n

This Week\u2019s Highlights<\/h3>\n