"Bitcoin Nears $45K as Trading Volumes Rise and ETFs Show Steady Inflows"

1 min read
Source: CoinDesk
"Bitcoin Nears $45K as Trading Volumes Rise and ETFs Show Steady Inflows"
Photo: CoinDesk
TL;DR

Bitcoin surged to nearly $45,000, reaching a four-week high, driven by increased open interest on BTC contracts and record highs in U.S. equity indexes, while spot trading volumes across centralized crypto exchanges rose to levels last seen in June 2022. Ether also gained, reaching a two-week high, and evidence suggests that Blackrock and Fidelity's spot bitcoin ETFs have an advantage over Grayscale in terms of liquidity metrics.

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