{"id":481019,"date":"2024-02-15T15:38:55","date_gmt":"2024-02-15T15:38:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=481019"},"modified":"2024-02-15T15:38:55","modified_gmt":"2024-02-15T15:38:55","slug":"bitcoin-price-prediction-btc-surges-more-than-4-as-the-blackrock-bitcoin-etf-accumulates-500m-btc-in-one-day-and-the-halving-looks-set-to-boost-this-new-ico","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-btc-surges-more-than-4-as-the-blackrock-bitcoin-etf-accumulates-500m-btc-in-one-day-and-the-halving-looks-set-to-boost-this-new-ico","title":{"rendered":"Bitcoin Price Prediction: BTC Surges More Than 4% As The BlackRock Bitcoin ETF Accumulates $500M BTC In One Day And The Halving Looks Set To Boost This New ICO"},"content":{"rendered":"

The Bitcoin price has soared 4% in the last 24 hours to trade for $52,413 as of 7:10 a.m. EST time on trading volume that fell 11%.<\/p>\n

The surge comes despite recent negative comments about BTC by US Securities and Exchange Commission Gary Gensler. Appearing on CNBC on Wednesday morning, Gensler said Bitcoin is not decentralized, and added that it is the token of choice for ransomware.<\/p>\n

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₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: News anchor @JoeSquawk<\/a> defends #bitcoin<\/a> in a conversation with SEC Chair Gary Gensler this morning live on television. pic.twitter.com\/DRIlWmTlxK<\/a><\/p>\n

— Documenting ₿itcoin 📄 (@DocumentingBTC) February 14, 2024<\/a><\/p><\/blockquote>\n