Good to be part of this trend but do not leverage / margin on it! Invest with a right percentage to control the risk from our portfolio management.
Enjoy the ride! And, be alert too ‼️
Bitcoin Rises as Crypto Traders Swept Up in ETF Fever
Bitcoin and other cryptocurrencies rose again Tuesday as anticipation continued to build that U.S. regulators will soon approve the first spot Bitcoin exchange-traded fund -- a long-awaited catalyst that could provide cryptos with a major boost.The price of Bitcoin has gained 4% over the past 24 hours to $46,700, briefly breaching the $47,000 level on Monday for the first time since March 2022. Bitcoin -- which had a blowout 2023 -- already has surged 10% so far this year amid expectations that the Securities and Exchange Commission will approve the first spot Bitcoin ETF, with a decision on a number of such funds likely this week."Bitcoin remains the talk of the town, with the cryptocurrency breaching $47,000 yesterday on speculation that we will finally see the SEC approve a raft of spot Bitcoin ETF products as early as tomorrow," said Joshua Mahony, an analyst at broker Scope Markets. "With each applicant having announced the fees associated with their ETF, the signals are very clea
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