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Bitcoin sets up nail-biting weekly close after Taproot goes live
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Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork.
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 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.
The biggest upgrade to the Bitcoin protocol since
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