Bitcoin Price Above $46000 Brings 90% Addresses in Profit, Is $60k Next Target?

The Bitcoin price regains momentum as market confidence towards the approval of Spot Bitcoin ETFs continues to grow. On January 8th, the U.S. Securities and Exchange Commission (SEC) rapidly reviewed and provided feedback to several companies proposing spot Bitcoin exchange-traded funds (ETFs), just hours after these firms submitted their fee structure documents. This quick response underscores the SEC’s active role in the review process of cryptocurrency ETFs.