Bitcoin rose above $60,000 for the first time in six months, approaching an all-time high, as hopes grow that US regulators will approve a cryptocurrency futures-traded fund, which will likely open the door to increased investment in assets. digital.
Cryptocurrency investors are awaiting the approval of the first US ETF, and bets have been boosted by the recent rally..
Bitcoin, the world’s largest cryptocurrency, jumped to $61,869.05, its highest level since mid-April, and was last trading up 6.9 percent at $61,346..
The currency has more than halved since September 20, and is close to its record high of $64,895 hit in April.
Bloomberg reported that the US Securities and Exchange Commission is expected to allow the first Bitcoin futures ETF to begin trading next week..
Source: Sky News