Bitcoin briefly reached $47,000 in a subdued ascent following the approval by the U.S. Securities and Exchange Commission of Bitcoin ETFs directly investing in the token. Traders are now monitoring the products to assess their financial impact. While Bitcoin gains stay limited, Ethereum (ETH) and other altcoins have registered maximum gains after the ETF approval.
Ethereum and Altcoins Are the Biggest Winners of Bitcoin ETF Approval
coingape.com
11 January 2024 09:20, UTC