Bitcoin recently surged to an all-time high, surpassing its previous peak set more than two years ago. The digital currency exceeded its November 2021 high of nearly $69,000, although it retraced slightly later to hover around $64,000. Currently, Bitcoin boasts a market capitalization of about $1.3 trillion, constituting a significant portion of the overall $2.6 trillion crypto market.
One significant catalyst driving Bitcoin’s ascent since the beginning of the year has been the ETFs’ approval by the U.S. Securities and Exchange Commission (SEC) in January. ETFs are a collection of…
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