Bitcoin (BTC) rose above the $47,000 level with an increase of more than 7% in the last 24 hours.
Bitcoin marks a turning point in the US spot Bitcoin ETF With expectations for approval peaking For the first time since April 2022 It rose above 47 thousand dollars.
US Securities and Exchange Commission (SEC), While there is not much time left for the spot Bitcoin ETF decision, companies setting their fees and constantly updating them have increasingly increased the chances of approval. For this reason, any problems that may occur during approval not to miss the rise Investors who want to have a presence in the market push the price up.
There were fluctuations in the Bitcoin price last week due to approval expectations and non-realization. But now there is little time left price moves to peaks It was instrumental.
With the rise of Bitcoin, there was also a greening in altcoins. Avalanche (AVAX) and Solana (SOL) While it showed a serious upward performance, Ethereum also approached the highest levels of the recent period.
According to CoinGecko data bitcoin, while writing from $46,744 is being traded.