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3 reasons why Bitcoin struggles to rally above $28.5K

October 5, 2023 by DIGIT
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Bitcoin started the week with an uptick in investor sentiment, but there are three major factors preventing BTC price from recapturing the $30,000 level.

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Categories Basis, ETF, futures, GBTC, Markets, SEC, Volumes
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  • bitcoinBitcoin(BTC)$88,193.000.10%
  • ethereumEthereum(ETH)$2,976.300.07%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$849.81-0.36%
  • rippleXRP(XRP)$1.90-1.19%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$125.45-0.60%
  • tronTRON(TRX)$0.2871812.56%
  • staked-etherLido Staked Ether(STETH)$2,977.200.14%
  • dogecoinDogecoin(DOGE)$0.129991-1.31%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$88,193.000.10%
  • ethereumEthereum(ETH)$2,976.300.07%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$849.81-0.36%
  • rippleXRP(XRP)$1.90-1.19%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$125.45-0.60%
  • tronTRON(TRX)$0.2871812.56%
  • staked-etherLido Staked Ether(STETH)$2,977.200.14%
  • dogecoinDogecoin(DOGE)$0.129991-1.31%