Bitcoin Surges Past $35K as BlackRock Plans 2023 Bitcoin ETF Launch, Traders Remain Bullish Despite Binance Executive Departures

Bitcoin pushed past $35,000 after BlackRock listed a bitcoin ETF and updated SEC filings, indicating readiness to launch the ETF in October 2023.

Binance's head of UK operations left last month, continuing executive departures from the world's largest crypto exchange.

Bearish bitcoin bets have cost traders over $178 million as prices surged past a key resistance level.

The crypto fear and greed index moved from "neutral" to "greed" after bitcoin reached a 16-month high.

Liquidations occur when an exchange force closes a trader's position due to loss of margin requirements.