Bitcoin Sees 4.5% Gain on Optimism of U.S. Bitcoin ETF ApprovalA positive atmosphere has engulfed the cryptocurrency market, especially Bitcoin, as its value experienced a rise of around 4.5% during early trading hours in Asia on Monday. This increase in price is widely attributed to the prevailing optimism regarding the potential approval of a Bitcoin exchange-traded fund (ETF) in the United States in the near future.
On Monday, Bitcoins trading value hovered just below the $28,000 mark, successfully rebounding from the previous weeks decline.
Market analysts suggest that this positive trend is an extension of the markets response from last...
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Bitcoin Sees 4.5% Gain on Optimism of U.S. Bitcoin ETF Approval