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Bitcoin soars to 2-1/2-year high on ETF bets

Bitcoin soars to 2-1/2-year high on ETF bets
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Bitcoin, ethereum skyrockets as big investors tipped to pounce on ETFs

Bitcoin, ethereum skyrockets as big investors tipped to pounce on ETFs
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bitcoin price: Bitcoin soars to 1-1/2-year high on ETF bets

Bitcoin surged by 10% to reach 1.5-year highs, leading to a rise in crypto-related stocks. This increase was fueled by speculation surrounding the possibility of a bitcoin exchange-traded fund (ETF), which prompted short-sellers to exit their positions.

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Bitcoin soars to 1-1/2-year high on ETF bets

Bitcoin soars to 1-1/2-year high on ETF bets
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exchange: Bitcoin soars to 1-1/2-year high on ETF bets

Bitcoin rose more than 6% to $35,198, its highest since May 2022. It had surged 10% on Monday in its best session for almost a year and its price has doubled in 2023.

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