Cryptocurrency Prices Surge on Optimism Over Potential SEC Approval of Bitcoin ETF
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Bitcoin and other cryptocurrencies surged on Monday amid anticipation of SEC approval for a spot Bitcoin ETF.
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Traders are optimistic that the SEC may soon approve the first Bitcoin spot exchange-traded fund.
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Approval of a crypto ETF is seen as a key catalyst for further growth in the crypto market.
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The price of Bitcoin jumped significantly on Monday following this new wave of bullishness.
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Cryptocurrency markets are rallying with traders betting on the high likelihood of a spot Bitcoin ETF being approved.