"Bitcoin Surges Past $45K, Reaching a High Not Seen Since Early 2022 Amid ETF Anticipation"
TL;DR Summary
Bitcoin's price soared above $45,000 for the first time since April 2022, marking a significant rebound with a 156% gain in 2023. The surge is driven by investor optimism over the potential approval of spot bitcoin ETFs by the U.S. Securities and Exchange Commission and expectations of interest rate cuts by major central banks. Ethereum also saw a substantial increase. The cryptocurrency market is anticipated to grow further, influenced by new investment avenues and a more favorable monetary policy.
Topics:business##bitcoin#cryptocurrency#etfapproval#finance-and-cryptocurrency#interestrates#marketoptimism
- Bitcoin climbs above $45000 for first time since April 2022 Reuters
- Bitcoin Topped $45,000 for First Time in Nearly Two Years Yahoo Finance
- Bitcoin climbs atop $45,000 for the first time in more than a year as ETF hopes build MarketWatch
- Bitcoin clears $45,000 as key date for ETF approval looms By Investing.com Investing.com
- Bitcoin Starts the New Year Rising Past $45K, Highest Level Since April 2022 CoinDesk
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
81%
415 → 79 words
Want the full story? Read the original article
Read on Reuters