“Bitcoin surged above $35,000 to highest level since 2022”
October 25, 2023
“Bitcoin (BTC-USD) surged above $35,000 in its largest single-day jump in 13 months, fueled by optimism that regulatory approval of the first spot bitcoin exchange-traded fund is nearing…
The stocks of digital asset companies also pushed higher. Coinbase (COIN), the largest US crypto exchange, opened 13% higher Tuesday while MicroStrategy (MSTR) rose 12%. Bitcoin mining firms Riot Platforms (RIOT) and Marathon Digital (MARA) surged more than 13% and 17%, respectively.
The rally appeared to be driven partly by speculation that the Securities and Exchange Commission was close to granting approval for a spot bitcoin ETF, which would allow investors to get exposure to the cryptocurrency without having to own it…”
https://finance.yahoo.com/news/bitcoin-surged-above-35000-to-highest-level-since-2022-141522816.html