Bitcoin’s Rally To $39,000 Sparked By Hopes For Spot Bitcoin ETF Approval
Published by
Benzinga
Benzinga
Bitcoin (CRYPTO: BTC) has soared to $39,000 per coin, a level not seen since April 2022. According to CoinMarketCap, Bitcoin hit $39,000 per coin at around 11.30 am ET. The cryptocurrency has witnessed a nearly 3% increase in the last 24 hours and an impressive 12% rise over the past month. At the time of writing, Bitcoin was trading at $39,277.48, up by 4% in the last seven days. According to reports, the recent uptick in Bitcoin’s price is partly attributed to the growing optimism surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Excha…