Bitcoin Surges to New 19-Month High Amid ETF Optimism and Whale Moves

1 min read
Source: CNBC
Bitcoin Surges to New 19-Month High Amid ETF Optimism and Whale Moves
Photo: CNBC
TL;DR Summary

Bitcoin surpasses $44,000, reaching its highest level since April 2022, as optimism for a spot bitcoin exchange-traded fund (ETF) in the U.S. grows. The cryptocurrency has gained over 160% this year, with Ether also experiencing a 1.6% increase, up 88% for 2023. Bitcoin has been consistently reaching new highs in recent weeks, breaking through $40,000 over the weekend.

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