Bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images The price of bitcoin briefly exceeded $35,000, marking its highest level since May 2022. This surge was driven by positive sentiment regarding a bitcoin exchange-traded fund and a flight to safety that resulted in a spike in short liquidations. According to Coin Metrics, bitcoin …
Cryptocurrencies experienced a brief surge at the beginning of the week as investors speculated on the possibility of a bitcoin ETF being approved in the near future. On Monday morning, bitcoin saw a sudden spike above $30,000 based on an unverified report claiming that the iShares spot bitcoin ETF had received formal approval from the …
Jaap Arriens | NurPhoto | Getty Images The price of bitcoin surged on Tuesday after the U.S. Court of Appeals for the DC Circuit ruled in favor of crypto investment giant Grayscale, stating that the SEC’s denial of permission to convert its bitcoin trust into an ETF was incorrect. According to Coin Metrics, Bitcoin jumped …
Bitcoin touched a 13-month high on Thursday as the drumbeat for institutional bitcoin demand grew louder following comments from BlackRock CEO Larry Fink. The cryptocurrency ended the day flat at $30,302.03, according to Coin Metrics. Early in the morning, it climbed to about $31,450, reaching its highest level since June 2022. However, it gave back …