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International Business Times
International Business Times
Business
Nica Osorio

Bitcoin Bold Leap: ETF Green Light, Start Of Trading Drive Price Above $49K

5 Common Bitcoin Scams and How to Avoid Them (Credit: Pixabay)

In an electrifying display of market confidence, Bitcoin's value surged toward the $49,000 mark, buoyed by the groundbreaking approval of the first-ever spot Bitcoin Exchange-Traded Fund (ETF) and the start of trading of BTC ETFs on U.S. exchanges.

This historic decision by the U.S. Securities and Exchange Commission (SEC) has unleashed a wave of investor enthusiasm, firmly placing Bitcoin at the forefront of a potential new chapter in the world of cryptocurrency.

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