Crypto Prices Surge Ahead of 2024 Bitcoin Halving As BlackRock Tweaks Bitcoin ETF Plans, But Volatility Looms
• Bitcoin, ethereum, XRP, and crypto prices have rocketed higher recently, with crypto poised for a big year in 2024 ahead of bitcoin's halving
• BlackRock updated its bitcoin spot ETF filing to allow Wall Street banks to act as "authorized participants," giving them more access
• The change could increase liquidity for a potential bitcoin ETF as major banks have "trillion-dollar plus balance sheets"
• Bitcoin and crypto traders are watching for a potential market pullback after impressive gains in recent weeks
• Bitcoin often sees 6-10% daily price swings so volatility could increase further in the near future