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Bitcoin, Ethereum, Dogecoin Spike As BTC Approval Hopes Reignite Ahead Of Thanksgiving: Analyst Forecasts Explosive Rebound For King Crypto

Major cryptocurrencies experienced a surge on Wednesday evening as the optimism towards a potential spot Bitcoin ETF resurfaced. What Happened: Crypto markets were initially shaken on Monday with the leak of a potential massive settlement of U.S. criminal charges against Binance, the world’s largest crypto exchange. Confirmation on Tuesday of the $4.3 billion fine, along with a guilty plea by its founder and CEO Changpeng “CZ” Zhao – who also agreed to step away from the company – intensified the market turbulence. Stepping away from the headlines, some observers and analysts have pointed out …