Bitcoin ETF

Bitcoin

Frenzy

Gains

Coin

<ul class="news-points"> 
 <li>Bitcoin breaks a 13-month high, reaching nearly $35,000 with a 105% gain YTD.</li> 
 <li>BTC’s 24-hour trading volume surges by 194.67% to $48.5 billion.</li> 
 <li>BlackRock’s Bitcoin ETF listing on Nasdaq sparks optimism for SEC approval.</li> 
</ul> 
In the last 24 hours, Bitcoin broke a 13-month high as it exchanged hands at nearly $35,000. According to <a href="https://www.marketwatch.com/investing/cryptocurrency/btcusd" target="_blank" rel="nofollow">data</a> from MarketWatch, Bitcoin has gained over $17,944 on a year-to-date (YTD) scale. In terms of percentage, the figure implies Bitcoin has gained over 108% since January this year. Meanwhile, Bitcoin has seen approximately 70% growth since last October. 
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 <img decoding="async" width="941" height="542" src="https://coinedition.com/wp-content/uploads/2023/10/5875.png" alt="" class="wp-image-345067" style="aspect-ratio:1.7361623616236161;width: 100%;height:auto" srcset="https://coinedition.com/wp-content/uploads/2023/10/5875.png 941w, https://coinedition.com/wp-content/uploads/2023/10/5875-300x173.png 300w, https://coinedition.com/wp-content/uploads/2023/10/5875-380x219.png 380w, https://coinedition.com/wp-content/uploads/2023/10/5875-768x442.png 768w, https://coinedition.com/wp-content/uploads/2023/10/5875-155x89.png 155w, https://coinedition.com/wp-content/uploads/2023/10/5875-773x445.png 773w, https://coinedition.com/wp-content/uploads/2023/10/5875-429x247.png 429w, https://coinedition.com/wp-content/uploads/2023/10/5875-414x238.png 414w, https://coinedition.com/wp-content/uploads/2023/10/5875-286x165.png 286w, https://coinedition.com/wp-content/uploads/2023/10/5875-366x211.png 366w, https://coinedition.com/wp-content/uploads/2023/10/5875-130x75.png 130w, https://coinedition.com/wp-content/uploads/2023/10/5875-123x70.png 123w, https://coinedition.com/wp-content/uploads/2023/10/5875-129x75.png 129w" sizes="(max-width: 941px) 100vw, 941px">
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 A screenshot of the Bitcoin YTD chart. Source: Google BTC highlight.
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</div> 
According to data from CoinMarketCap, Bitcoin saw over 194.67% increase in its 24-hour trading volume. Specifically, market participants bought and sold over $48.5 billion of Bitcoin, putting its 24-hour gain at above 11.44% 
Notably, this recent uptick in the price of Bitcoin follows increased speculation about the <a href="https://coinedition.com/there-is-a-90-chance-of-bitcoin-etf-approval-by-january-analyst/">awaiting approval</a> of the first Bitcoin exchange-traded fund (ETF) that tracks the spot price of BTC. In particular, Whale Chart, a crypto influencer account on X, disclosed that the Bitcoin spot ETF of t…
The post <a rel="nofollow" href="https://coinedition.com/bitcoin-gains-17944-ytd-breaks-13-month-high-amid-etf-frenzy/">Bitcoin Gains $17,944 YTD, Breaks 13-Month High Amid ETF Frenzy</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Bitcoin Gains $17,944 YTD, Breaks 13-Month High Amid ETF Frenzy

Coin Edition

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