Bitcoin briefly crossed $60,000 for the first time since April 2021. The price was boosted by reports that Bitcoin futures – ETFer are likely to start trading in the US early next week.
Cointelegraph Markets Pro data shows that bitcoin prices have slowly risen since the beginning of this month. Before the upward movement began, the price fluctuated around $42,000 from September 20 to October 1. 14 a record high of $64,804. The price has fallen somewhat since then, and at the time of writing, Bitcoin is trading at around $59,500.
Bloomberg reported today that sources familiar with the matter provided positive evidence that the SEC is likely to approve more Bitcoin futures ETFs that will begin trading next week.
Rumors of an imminent approval of this proposal have sent prices up about $7,000 over the past seven days, which is a 13% increase from $53,000 to $60,000. It was the strongest increase in the past two days, as Bitcoin rose from $54,000 to a current high of $60,000.