Bitcoin rose to $45,435, up 5.3% in one day and up 6.3% over the week, according to data from CoinMarketCap.
This upward trajectory takes the cryptocurrency past the $45,000 threshold, a figure last seen in the wake of the US Securities and Exchange Commission (SEC) decision. historic approval of Bitcoin spot ETF.
The enthusiasm around Bitcoin (btc) the price increase is further amplified by the significant trading volume observed in the spot market Bitcoin ETFwhich yesterday surpassed $1 billion, with BlackRock and Fidelity leading the way, according to Bloomberg's James Seyffart.