​Bitcoin sets up nail-biting weekly close after Taproot goes l | Best Crypto Traders Official

​Bitcoin sets up nail-biting weekly close after Taproot goes live
Markets put the ETF rejection behind them as BTC price action retains higher levels through the weekend.
Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork.
What ETF rejection?
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding above $64,000 at 10 am UTC Sunday.
The pair had gained in the latter part of Saturday after briefly acting below $63,000 thanks to U.S. regulators rejecting rejecting what would have been the first spot-based exchange-traded fund (ETF).
Seemingly unfazed by the move, however, Bitcoin then returned to form, seeing local highs of $65,350 on Bitstamp before consolidating.
Far from lamenting the ETF news, Sunday was all about positive steps for Bitcoin, with market participants celebrating Taproot’s launch