Bitcoin Surges Past $45K, Eyes Set on $50K Target

1 min read
Source: CoinDesk
Bitcoin Surges Past $45K, Eyes Set on $50K Target
Photo: CoinDesk
TL;DR Summary

Bitcoin has surged above $45,000 for the first time since the launch of spot ETFs, with traders predicting a potential push towards $50,000. While some anticipate a possible profit-taking and a test of the $42,000/$40,000 level, others believe that Bitcoin may climb higher, breaking out of its range and aiming for a fresh yearly high beyond $50,000. Additionally, Ether has also seen a 3% rise, reaching a two-week high following amendments to a joint spot ETH ETF filing by asset managers Ark Invest and 21Shares.

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