2023-12-04 02:02:34
The cryptocurrency bitcoin crossed the $40,000 mark on Monday for the first time since May 2022, on the Singapore stock exchange. The price of the digital currency soared by 142% in 2023.
The highest price bitcoin reached was $69,000 in November 2021.
The US regulator might approve the first bitcoin-traded funds as early as next month. Several large financial companies, including BlackRock, have recently filed a request to this effect with the American market regulator, the SEC. If the stock market supervisory authority approves these requests, it will generate billions of dollars of additional investments in cryptocurrencies.
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