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.
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The SEC must rule on cryptocurrency ETFs by the 10th
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.
For the first time since April 2022.
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…
First Time Bitcoin Tops $45,000 Since April 2022
(CTN News) – Bitcoin experienced a significant surge at the beginning of 2024, surpassing $45,000 for the first time since April 2022. According to Coin Metrics, the world’s largest cryptocurrency reached an intraday high of $45,913.30 on Tuesday morning. This surge represents a 3% increase from its previous trading price, with Bitcoin currently trading at […]
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…
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