{"id":539035,"date":"2023-06-21T16:38:20","date_gmt":"2023-06-21T16:38:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=539035"},"modified":"2024-06-11T07:07:35","modified_gmt":"2024-06-11T07:07:35","slug":"bitcoin-price-breaks-above-30000-is-the-bull-run-back-on","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-breaks-above-30000-is-the-bull-run-back-on\/","title":{"rendered":"Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On?"},"content":{"rendered":"
Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market.<\/p>\n
Is this a sign the bear market is over and the bull run is back on? Or is this just a bear market rally that will result in new lows eventually? Let’s take a closer look at the latest price action.<\/p>\n
Bitcoin Price Reclaims $30,000 Following Shift In News Cycle<\/h2>\n
Just a week ago, the SEC was waging a war against altcoins, and there was negative news around every turn for the crypto market. In a flash, the news cycle turned positive with a slew of Wall Street brands making their presence known in the crypto space. Names include BlackRock, Charles Schwab, Sequoia Capital, Fidelity, and others.<\/p>\n