The main cryptocurrency continues to grow
The Bitcoin rally that began in October continues. At 02:47 Moscow time, the main cryptocurrency rose in price to $36,031, as reported by TASS. At the time of publication of the note at 03:48 Moscow time, a correction occurred to $35,850.
TASS recalls that the last time the price of bitcoin exceeded $36 thousand was on May 6, 2022. Bitcoin is rising on news that the first Bitcoin ETF may soon be approved.
The rally continues: BTC soars above $36,000 for the first time since May 2022
Bernstein analyst Gautam Chugani previously said the price of Bitcoin could rise to $150,000 by 2025. The market-famous company expects the US Securities and Exchange Commission to approve a Bitcoin ETF by the first quarter of 2024.
Let’s remember that Bitcoin’s all-time high was about $69,000, a mark the cryptocurrency reached in November 2021.
Bitcoin rose in price by 27% in October.
