The Bitcoin price surged 0.55% during the low-volatility weekend, currently trading at $62400. Following the broader market relief rally, the BTC price showcased its sustainability at $60,000 support, bolstering buyers to recuperate the bullish momentum. This recovery could witness another boost as the UAE Federal Tax Authority (FTA) recently announced VAT exemptions for virtual asset transfers and conversions.
Will Bitcoin Price Benefit from UAE’s New VAT Exemptions for Virtual Assets?
coingape.com
06 October 2024 15:10, UTC