Following reports that the ETF is about to be approved, Bitcoin has reached $60,000 for the first time since April


Since April 2021, Bitcoin broke the $60,000 mark for the first time. There are reports that Bitcoin futures ETFs may start trading in the United States as early as next week, thus boosting prices.

Data from Cointelegraph Markets Pro It shows that the price of Bitcoin has been slowly rising since the beginning of this month. Before the price hike started, from September 20th to October 1st, the price had been hovering around $42,000. The $60,000 mark was breached on the Bitstamp exchange for the first time after 5 a.m. (UTC), and Bitcoin is now only 7% away from the all-time high of $64,804 set on April 14.

Bloomberg reported earlier today Sources familiar with the matter have issued positive signs that the US Securities and Exchange Commission may approve some Bitcoin futures ETFs to start trading next week.

Rumors about the imminent approval have risen by approximately US$7,000 in the past 7 days, which is equivalent to an increase from US$53,000 to US$60,000, an increase of 13%.The biggest increase is The past two daysDuring this period, Bitcoin has risen from approximately $54,000 to our current high of $60,000.



Source link

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *