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Bitcoin Breaches $30,000 For First Time Since August: What’s Driving The Surge?

Bitcoin (CRYPTO: BTC) was up 4% in the past 24 hours, taking the apex cryptocurrency slightly above the $30,000 level to $30,074. The last time the price broke above the $30,000 level was in August 2023. Earlier this week, Blackrock and Fidelity made amendments to their spot Bitcoin ETF filings. Also, Grayscale submitted an S-3 filing on similar approval pursuits. As hope grows with the refiling and modifications for a spot Bitcoin ETF, the price has gently dipped below $30,000, standing at $29,582 at the time of writing. Hopefully, approval will be received for Spot Bitcoin ETF by Benzinga’s …