The price of Bitcoin has risen to around $49,000 for first time since the launch of the cryptocurrency’s exchange-traded funds (ETF). Coin Desk reports the cryptocurrency topped $49,000 on Monday after strong spot Bitcoin ETF inflows late last week. Last month, the flagship cryptocurrency’s price touched $49,058.48 after spot Bitcoin ETFs were approved. Before the introduction of these funds, Bitcoin’s value had not crossed the $48,000 threshold since March 2022. Do you have a money story you’d like to share? Get in touch by emailing [email protected]. An ETF is perceived as an easier way for pe…

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