Bitcoin climbs above $45,000 for first time since April 2022
- Bitcoin surged to its highest level in nearly 21 months, reaching over $45,000, fueled by the rally in cryptocurrencies continuing into 2024.
- Investors are eagerly anticipating the possible approval of a spot bitcoin exchange-traded fund by the U.S. Securities and Exchange Commission, which could attract larger institutional investors.
- The optimism surrounding potential approval of a bitcoin ETF, along with expectations of a more accommodative monetary policy and the upcoming "halving" event, is expected to drive notable growth in the crypto market this year.
74 Articles
74 Articles
Equity markets entered 2024 in the red, with the New York S&P 500 losing nearly a percent yesterday, which is nothing special after such long November and December growth. A big step forward was made by bitcoin, breaking the $45 thousand mark.
Bitcoin breaks $45,000 for first time since April 2022
In this photo illustration, a Bitcoin logo is displayed on a smartphone. SOPA Images/SOPA Images/LightRocket via Gett Bitcoin breaks $45,000 for first time since April 2022 Zachary Halaschak January 02, 03:03 PM January 02, 03:03 PM Video Embed Bitcoin rang in 2024 with a bang, surging to its highest level in nearly two years amid optimism about the cryptocurrency market. On Tuesday morning, bitcoin ro…
Madrid. The price of bitcoin, the reference cryptocurrency, exceeded the $45,000 threshold driven by the anticipated cycle change in monetary policy, as well as the expectation of the forthcoming approval of a bitcoin ETF (exchange traded fund) by the United States Securities Market Commission (SEC). Thus, the price of bitcoin climbed more than 6% to reach $45,630, at highs since April 2022, before the problems in May of that same year in the Lu…
Within a year, Bitcoin climbs to 45,000 dollars. This allows it to almost triple its value compared to last year. And it could go even higher. Investors are hoping for the approval of a fund with which they can invest in cryptocurrency via the stock exchange.
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