The price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing to demand. Some traders also pointed to the bitcoin halving event, expected in April, as a new narrative that causes a pre-halving rally.
Related posts
-
Blackrock’s Ishares Bitcoin Options Get the SEC Green Light
The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of... -
BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
Bank of New York Mellon, the largest U.S. custodian bank, scored an exemption from a controversial... -
Altcoins Outperform Bitcoin (BTC) and Ether ((ETH) Following Fed Meeting Due to Poor Liquidity, Higher Beta
Total3, an index that tracks the market capitalization of the top 125 cryptocurrencies, excluding bitcoin and...