Bitcoin Price Soars Past $29K on Renewed Optimism for ETF Approval

Bitcoin price climbed to $29,300, extending 9% weekly gains amid optimism for U.S. bitcoin ETF approval.

Bitcoin forks Bitcoin Cash and Bitcoin SV jumped up to 26%, signaling irrational exuberance.

Multiple ETF providers amended filings as lawmakers urged SEC to approve bitcoin ETFs.

Hopes grew for Grayscale Bitcoin Trust converting to an ETF, which could boost overall sentiment.

Traders said potential ETF approvals and upcoming halving could kickstart a strong crypto bull market.