Bitcoin Surges Past $37,000 in a Short Time
On Thursday, November 9, the world's leading cryptocurrency, Bitcoin, rapidly surged above $37,000, approaching the $38,000 mark, marking its first such increase in 18 months. The remarkable 5.69% growth in less than a day (adding $2,000 to its price) is attributed to analysts at Bloomberg anticipating that the U.S. regulatory agency, the SEC, will face a "short window" to greenlight 12 Bitcoin futures ETFs, including BlackRock (NYSE: BLK) and Grayscale, within the next 12 days, starting from Thursday.
Another Bloomberg analyst, James Seyffart, shared his expectation that the regulatory agency will approve the first BTC ETF in early January, stating a 90% probability of such an occurrence.
Following Bitcoin's growth, Ethereum also experienced a significant increase, reaching $2,133. However, both leading cryptocurrencies have since lost some momentum, with Bitcoin trading at $36,943 and Ethereum at $2,071.
Another Bloomberg analyst, James Seyffart, shared his expectation that the regulatory agency will approve the first BTC ETF in early January, stating a 90% probability of such an occurrence.
Following Bitcoin's growth, Ethereum also experienced a significant increase, reaching $2,133. However, both leading cryptocurrencies have since lost some momentum, with Bitcoin trading at $36,943 and Ethereum at $2,071.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.