Bitcoin surpassed $ 60,000 for the first time in six months, reaching an all-time high as expectations grow that U.S. regulators will approve a traded fund in cryptocurrency futures, which will likely open the door to more investment in assets. ..
Investors in cryptocurrencies are pending approval of the first US ETF and stakes are rising with the recent concentration..
Bitcoin, the world’s largest cryptocurrency, jumped to $ 61,869.05, its highest level since mid-April, and traded 6.9 percent for the last time, at $ 61,346..
The currency has halved since Sept. 20 to near a record high of $ 64,895 in April..
Bloomberg reported that the U.S. Securities and Exchange Commission is expected to allow the first Bitcoin futures ETF to begin trading next week..
Source: Sky News