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International Business Times

Business

Nica Osorio

Bitcoin Makes Epic Comeback As BTC ETF Witnesses Boost In Trading Activity

Bitcoin ETF GBTC

Bitcoin Exchange-traded Fund (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

Bitcoin concluded the previous week with a closing price of approximately $42,000
The price of the king of crypto dramatically surged as Bitcoin ETFs saw a notable decrease in outflow
At precisely 3:03 a.m. ET on Monday, Bitcoin was actively trading at a price of $43,451.93

Bitcoin (BTC) demonstrated an impressive recovery at the start of the week, surpassing the $43,000 price point. This surge indicated renewed investor optimism as newly approved spot BTC exchange-traded funds (ETFs) experienced a surge in trading activities.

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