Crypto Stocks Fly High as December Gets Underway

Stocks of companies involved in cryptocurrency mining and those tracking Bitcoinโ€™s performanceย experienced an upswing on Dec. 1, 2023. The surge was driven by Bitcoin, the largest crypto in the world, reaching a nearly two-year high, fueled by growing confidence in the marketโ€™s risk appetite.

The cryptocurrency,ย currently valued at $38,812ย and experiencing a 1.6% uptrend, has been on an upward trajectory since October. This bullish trend is attributed to the anticipated spot ETF approval, which isโ€ฆ

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