Bitcoin Rockets Past $45K Milestone, Setting New Highs Ahead of Potential ETF Triumph!
In a stunning start to 2024, the price of Bitcoin has shattered barriers, surging above $45,000 for the first time in almost two years. This historic ascent unfolds just days before the anticipated approval of a spot Bitcoin exchange-traded fund (ETF), amplifying the excitement in the crypto community.
Bitcoin's Meteoric Rise: Soaring 6% in 24 Hours and 170% Over the Last Year!
Starting the new year at $42,000, Bitcoin has undergone a rapid ascent, catapulting over 6% in the past 24 hours alone. Its remarkable performance extends further, boasting an impressive 170% surge over the last year, as reported by CoinMarketCap. This surge places Bitcoin at its highest point in 2023, marking a significant new yearly high just two days into 2024.
Market Anticipation: Bitcoin's Rally Precedes Potential SEC Approval of Spot ETFs!
As the market eagerly awaits the SEC's decision on the pending applications for a spot Bitcoin ETF, Bitcoin's remarkable rally serves as a prelude to potential triumph. The SEC currently holds 14 outstanding applications, with the decision poised to reshape the landscape of crypto investments.
A Leap Back in Time: Bitcoin Surpasses $45,000 for the First Time Since April 2022!
Reveling in nostalgia, Bitcoin's price resurgence echoes back to nearly 20 months ago, specifically April 5, 2022, when it last traded above $45,000. This time, however, the ascent feels distinctly different, signaling a potential departure from the bear market that ensued back then.
Source
https://t.me/Bitcoin_Crypto_Signals
