Posted 1/2/2024, 4:39:00 AM
Bitcoin Surges Past $45,000 on Hopes of Long-Awaited SEC Approval for Spot ETF
- Bitcoin surpassed $45,000 for the first time in nearly two years amid anticipation of SEC approval for a spot Bitcoin ETF
- The cryptocurrency jumped as much as 4.3% to $45,355, its highest level since April 2022
- Bitcoin has risen over 20% since early December as the January 10th deadline for a spot ETF decision approaches
- Traders anticipate further gains ahead of the ETF decision due to fear of missing out
- Bitcoin remains below its all-time high of nearly $69,000 in 2021, but optimism is mounting due to the upcoming halving in April 2023