What Bitcoin’s Surge Brings in the Market ?
27
Oct, 2023

What Bitcoin’s Surge Brings in the Market ?

Bitcoin reached $35,000 in the previous days, giving a new blow in the market and reaching price levels that have been seen since May 2022, before the FTX collapse.

 

In this period, there was also a short squeeze happened in the market as more than $250 million were liquidated in short positions, shaping the path for new price levels.

 

This surge didn’t become obvious in the entire market as Bitcoin dominated even more in the crypto market, reaching around 54 % dominance in the crypto market capitalization.

 

Another interesting fact that we have observed during the last period is the continuous delisting of minor cryptocurrencies in different crypto exchanges, in an effort to attract larger wallets, that need more safety and trust.

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Agia Paraskevi, Athens, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).