- Bitcoin’s price surged more than 6% to reach $35,198, its highest level since May 2022. The cryptocurrency had a remarkable 10% surge the previous day, marking one of its best sessions in nearly a year.
- Bitcoin’s price has doubled in 2023, reflecting strong investor interest and significant gains in the cryptocurrency market.
- Shares of companies connected to cryptocurrencies, such as Coinbase Global and MicroStrategy, saw an increase in after-hours trading.
- The potential approval of a bitcoin ETF by regulators is generating excitement in the market. An ETF would provide an accessible way for investors to gain exposure to bitcoin through traditional stock markets.
- Analysts suggest that the introduction of an ETF could significantly increase liquidity and broaden the audience for bitcoin, ultimately impacting its value.