Bitcoin Soars Above $45K, Reaching 4-Week High Post Spot ETF Launch
Bitcoin (BTC) experienced a positive surge on Thursday, breaking free from its two-week-long consolidation phase. The value of the leading cryptocurrency, as gauged by market capitalization, has broken through the $45K barrier, achieving a peak of $45,522 per BTC. This marks its highest price point since it last touched $49,048 about 27 days prior, on Jan. 11, 2024. Interestingly, this previous peak coincided with the day when ten spot bitcoin ETFs were launched on the U.S. stock exchanges.
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