The world’s larget cryptocurrency by market capitalization surged to as high as $35,066 at one stage on Tuesday morning in Asia, CoinGecko data showed.
Bitcoin surged to over $35,000 on Tuesday morning in Asia as anticipation builds around the potential approval of spot bitcoin ETFs.
“We have seen a very quick pick up of the bitcoin price in the past few days and this is the direct result of the heightened anticipation of Bitcoin ETFs this year,” Lucy Hu, a senior trader of Metalpha, a Hong Kong-headquartered digital asset wealth management firm, told The Block.
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