Why is Bitcoin price up today? By Cointelegraph
(BTC) price is up today, rebounding from the Nov. 14 correction to $34,500 and hitting an intra-day high of $37,650. The rally comes after Bitcoin price briefly touched 1-week lows on Nov. 15. The hype around a spot BTC exchange-traded fund (ETF) is bringing significant inflows to Bitcoin as liquid supply is tightening, pushing prices across the crypto market higher.
Let’s look into the reasons why Bitcoin price is up today.