Afrigather Bitcoin costs soared 15% in early December as traders eagerly awaited the SEC’s potential approval of the primary spot Bitcoin ETF in January 2024. This information has ignited curiosity from each US and Asian markets, with all spot features occurring throughout US buying and selling hours since mid-October. With 13 purposes within the operating and extra leveraged and options-based ETFs being filed, the way forward for bitcoin buying and selling appears promising. Structured merchandise just like the Accumulator + HYPP construction supply important alpha technology potential, suggesting a vibrant future for the Bitcoin market. Will Bitcoin revisit its all-time excessive of $69,000? Solely time will inform, however the present momentum is undeniably constructive.
