Bitcoin keeps rising, tops $41,000 as investor appetite for Spot ETF grows ⬆️📈🪙

1 year ago
216

Bitcoin has risen by more than $2k in just 2 days. Hitting the $42k mark, then settling back down in the $41k range. 1 Month ago Bitcoin was $36k and 2 Months ago Bitcoin was $27k. There is no stopping the fastest and highest grossing asset on earth.

It is expected that the SEC will approve the Bitcoin Spot ETFs before January 10th, sending the price even higher. This as several Latin American countries considering making BTC Legal Tender, and Qatar meets with El Salvador's president Bukele to discuss Bitcoin and the oil rich country purchasing a whopping $500 Billion worth of Bitcoin for their Sovereign Wealth Fund. If so, this single purchase would raise the price of a Bitcoin to approx. $1M.

CNBC's Mackenzie Sigalos reports on the latest action from Bitcoin.

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