Bitcoin

April

Spot

Bitcoin Surges Over 6%, Crossing $45,000 Mark on Speculation of U.S. Spot ETF Approval 
Bitcoin (BTC) experienced a notable surge, exceeding $45,000 on the first day of the new year, marking its highest level since early April 2022. The cryptocurrency’s upward movement continues to be fueled by anticipation surrounding the potential approval of U.S.-based spot Bitcoin ETFs by the Securities and Exchange Commission (SEC). Speculation is rife that the SEC might notify ETF sponsors of approval as early as Tuesday, according to a recent Reuters report. 
At the time of the latest trading update, BTC is valued at $45,135, showcasing a substantial 6.35% increase and a 5.6% rise over the past 24 hours. This bullish momentum extends beyond Bitcoin, with broader cryptocurrency markets experiencing positive movements. Ethereum (ETH) is up by 4%, while Solana (SOL) and Avalanche (AVAX) have surged by 9%. The market awaits further developments as regulatory decisions potentially impact the cryptocurrency landscape.

Bitcoin Initiates the New Year with Surge, Surpassing $45,000, the Pinnacle Unseen Since April 2022

CoinstelegramEng

Other articles published on Jan 4, 2024

Millions of XRP Sent to Exchanges After XRP Price Crashed by 15%

Bitcoin (BTC) Price Pumps Towards $45,000 as Reporter Claims SEC to Approve “Multiple” BTC ETF Ap...

Analyst Predicts Bullish Outlook for Solana and Highlights SEI and LDO Altcoins

Terraform decision cited by SEC in ongoing Binance lawsuit

Why is crypto down today? Matrixport and other FUD

The Top 5 Cryptos Every Investor Should Consider for 2024

Join our free newsletter for daily crypto updates!