Bitcoin

April

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Bitcoin, the world's largest cryptocurrency by market cap, has experienced a sudden surge, breaking above the $30,000 price point for the first time since Apr. 19.&nbsp;
<img alt="BTC" data-entity-type="file" data-entity-uuid="7c0d65fe-7b17-49f4-92c9-a4c6287bb400" src="https://u.today/sites/default/files/inline-images/324324324.png">Image by <a href="https://www.tradingview.com/chart/yAgtHh3T/?symbol=BITSTAMP%3ABTCUSD">tradingview.com</a>
This notable increase comes on the heels of significant movements in the crypto investment sphere, particularly revolving around exchange-traded fund (ETF) filings by financial heavyweights BlackRock and Invesco​​.
Last week, asset management giant BlackRock filed an application for what would be the first-ever spot Bitcoin ETF in the U.S. Despite some skepticism by leading analysts, this move by BlackRock has been viewed as a strong signal of Bitcoin's continued interest among the world's largest financial institutions.
The world's largest cryptocurrency is changing hands at&nbsp;$30,397 on the Bitstamp exchange at press time. It is up more than 11% over the past 24 hours alone.&nbsp;&nbsp;
The market cap of the largest cryptocurrency currently stands at&nbsp;$592 billion.&nbsp;&nbsp;

Breaking: Bitcoin Soars Past $30,000 Following BlackRock's and Invesco's ETF Applications

U_Today

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