At the beginning of the year, exchange-traded funds (ETFs) linked to bitcoin (BTC) instant transactions, approved by the US Securities and Exchange Commission (SEC), attracted new capital and helped the token climb to new heights. Crypto-enthusiasts speculate that the same could happen to the second-largest cryptocurrency, ether (ETH), but regulators are in no rush to allow the first ETH ETFs. The situation in Hong Kong is different.
A few days after the long-awaited BTC split (English. halving) the price of the largest cryptocurrency held above the $63,000 mark, according to data from Coinmarketcap. Last week, BTC also climbed to $67,169.4, but then started to decline. It reacted negatively to data on US economic growth in 2024 that appeared on Thursday. Q1, which did not meet expectations. On Sunday, BTC rose above $62,000.
[infogram id=”5bd7a77a-abb6-4c01-a6d4-f362f36af36f” prefix=”j79″ format=”interactive” title=”MP_Bitkoino kaina nuo 2023 m., USD”]
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