Bitcoin Jumps 14% to 2-1/2 Year High on Speculation of U.S. Approval of Bitcoin ETF
Bitcoin surged by 14% to reach a 2-1/2 year high of $34,283 in early Asia hours on Tuesday, amid speculation that the US may approve a bitcoin exchange-traded fund. The cryptocurrency was last up by 10% at $33,030, while its smaller rival, ether, rose by 6% to $1,763. The news has sparked interest among investors, who are closely watching the developments in the cryptocurrency market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC breaks through $98,500
UK to Draft Regulatory Framework for Crypto Industry by Early Next Year
Ethereum futures open interest hits new all-time high of over $20 billion, signalling bullish momentum: CryptoQuant
Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.Positive funding rates and record leverage ratios highlight increased risk-taking, with traders betting on rising Ethereum prices.
US dollar index DXY breaks through 108
Trending news
MoreCrypto prices
More
