First major press hit of 2024? Could be. Bloomberg is reporting on the recent price rise, linking it to the approval of spot ETFs and the impending deadline for approval of 10th January.
Bitcoin Topped $45,000 for First Time in Nearly Two Yearshttps://www.bloomberg.com/news/articles/2024-01-02/bitcoin-soars-to-highest-level-in-21-months-on-etf-approval-hopeBitcoin surpassed $45,000 for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in the biggest token intensified.
The cryptocurrency jumped as much as 5.2% to its highest level since April 2022 and traded at $45,063 as of 3 p.m. New York time. Other tokens were mixed with Ether, the second biggest, rising as much as 4.1%, and recent high-flyer Solana down 2.2%.
Bitcoin has jumped almost 20% since the start of December as a Jan. 10 deadline for the US Securities and Exchange Commission to give its blessing for a spot ETF Bitcoin draws closer.
(...)
