March 28, 2024
Crypto

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion after US SEC approves ETF

The price of first decentralised cryptocurrency Bitcoin surged over 5%, reaching intraday high to $49,012 on Thursday, January 11, after the US Securities and Exchange Commission (SEC) greenlit the establishment of Bitcoin exchange-traded funds (ETFs) by investment firms, signalling a potential revival for the world’s largest cryptocurrency token by market capitalization. In fact, the daily

Read More