ETFs Fuel Bitcoin, But Keep An Eye On The Halvening


Source: investors.com investors.com

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Bitcoin's blowout 2024 continues, with the cryptocurrency hitting new peaks Monday. As ETF demand continues to drive bitcoin higher, the event called the halving — or "the halvening" by some industry insiders — continues to exert its gravitational pull on crypto markets. The cryptocurrency saw a strong start to 2024, boosted by the U.S. Securities and Exchange Commission's approval of spot bitcoin ETFs. Crypto markets quickly left behind 2022's confidence-shaking scandals involving Three Arrows Capital and FTX. X ETF Approval Continues To Drive Bitcoin Rally The long-awaited SEC approval continues to fuel confidence and optimism in bitcoin. "The current market...