Coinspeaker
Bitcoin Price Surges Past $44,000 as Momentum Builds
Bitcoin (BTC), the world’s leading cryptocurrency has once again captured the financial industry’s attention by surging past the $44,000 price mark, reaching its highest level since April 2022.
Bitcoin price is currently trading at $43,483, representing a substantial 4% increase within the last 24 hours and extending gains from Tuesday. As the crypto community eagerly watches these developments, the drumbeat for a spot Bitcoin Exchange-Traded Fund (ETF) in the US grows louder, adding to the positive sentiment surrounding Bitcoin’s upward momentum.
Bitcoin Price Surge Linked to the ETF Buzz
One of the primary drivers behind Bitcoin’s recent climb has been the growing optimism surrounding the approval of a spot Bitcoin ETF in the United States.
Bitcoin’s upward trajectory began over the summer, and while the initial momentum was moderate, it gained substantial steam as reports surfaced about potential ETF issuers
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