Bitcoin is up 46.23% since last year, according to CoinDesk data, and 81% year-to-date.
Bitcoin BTCUSD was trading at $31,082 on Friday afternoon, after peaking earlier in the session at $31,410 or the highest level for 2023, according to CoinDesk data.
The... Bitcoin BTCUSD was trading at $31,082 on Friday afternoon, after peaking earlier in the session at $31,410 or the highest level for 2023, according to CoinDesk data. The rally comes despite a month of regulatory crackdowns across the crypto industry, including the U.S. Securities and Exchange Commission suing crypto exchange Binance and Coinbase COIN .
However, last week, BlackRock BLK , the world’s largest asset manager, filed an application for a spot bitcoin exchange-traded fund. Following that Wisdom Tree WT and Invesco IVZ also re-submitted applications to start spot bitcoin ETFs, after getting rejected by the U.S. Securities and Exchange Commission previously for their earlier applications.
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