After the launch of spot Bitcoin ETFs on January 10, 2024, spot Ethereum ETFs were launched on July 23, 2024, removing barriers for those who wish to invest more securely. It is known that institutional companies have shown great interest in this development. Additionally, payment systems, an important part of the evolving cryptocurrency industry, are becoming more widespread, with major companies making strides in this area. A significant development occurred on this topic a few minutes ago.
Ferrari Expands Its Payment System
Ferrari, one of the world’s leading car brands, continues to be a pioneer in the cryptocurrency world. Ferrari, which tops many sports car lists, is not only a sports car but also continues to participate in important projects such as F1 and the 24 Hours of Le Mans races.
Last October, Ferrari took a significant step by launching a cryptocurrency payment system within the United States. According to news that emerged a few minutes ago, Ferrari made an important move and announced that its payment systems would be expanded to Europe. The announcement has caused a significant stir in cryptocurrency circles.
What Is the Bitcoin Price?
While these developments were taking place in the market, a wave of decline in cryptocurrencies was observed following the launch of spot Ethereum ETFs and Mt. Gox repayments. The Bitcoin price is trading at $66,450 after a 0.93% drop in the last 24 hours.
Despite Bitcoin’s price drop, it has shown signs of recovery in recent hours, with the market cap returning above $1.311 trillion. In the last 7-day price review, BTC has increased by 1.69%. However, BTC’s trading volume fell below the $32 billion mark after a 28% drop and is currently at $31.97 billion.
