The world’s largest cryptocurrency, Bitcoin, has seen a 6% increase overnight, temporarily reaching its previous peak of $30,000. According to CoinGecko, it is now trading at $29,938. The increase in Bitcoin’s value is believed to be linked to the race for a Spot Bitcoin ETF, with financial giants such as BlackRock and Fidelity making amendments to their filings. A Spot Bitcoin ETF would allow institutional investors to access Bitcoin in a similar way to stocks and bonds, and could potentially draw more attention to the world of cryptocurrencies. #CryptoNews #Bitcoin #ETF #Invesment
You can read more about this topic here: Decrypt: Bitcoin Hits $30,000 Amid Spot ETF Amendments From BlackRock, Fidelity
