Bitcoin Price Soars Past $45K on Hopes of SEC Approving Bitcoin ETF
• Bitcoin price surges past $45,700, nearing 2021 highs, fueled by hype around potential SEC approval of spot BTC ETFs this month
• Over $133 million in short positions liquidated in last 24 hours as market sentiment turns bullish
• Top altcoins like Solana, Ethereum see gains, with ORDI token becoming a top 50 coin amidst the rally
• Lesser-known layer-1s Sei and Astar also post double-digit 24-hour gains to capitalize on positive market momentum
• Analysts optimistic SEC will finally approve Bitcoin ETF application before January 10 deadline after years of rejections