"Bitcoin's January Surge: ETF Hopes and $45K Breakthrough Amid Market Turbulence"

1 min read
Source: CoinDesk
"Bitcoin's January Surge: ETF Hopes and $45K Breakthrough Amid Market Turbulence"
Photo: CoinDesk
TL;DR Summary

Bitcoin experienced a strong start in January, surpassing $45,000, but historical data suggests gains in this month are not common. A potential U.S. approval of a spot bitcoin ETF could further boost the cryptocurrency's value. MicroStrategy's Michael Saylor has begun selling a significant portion of his stock options, while CNBC's Jim Cramer has shifted to a positive view on bitcoin, highlighting its resilience and technological significance, despite previously bearish comments.

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