- Bitcoin breaks a 13-month high, reaching nearly $35,000 with a 105% gain YTD.
- BTC’s 24-hour trading volume surges by 194.67% to $48.5 billion.
- BlackRock’s Bitcoin ETF listing on Nasdaq sparks optimism for SEC approval.
In the last 24 hours, Bitcoin broke a 13-month high as it exchanged hands at nearly $35,000. According to data from MarketWatch, Bitcoin has gained over $17,944 on a year-to-date (YTD) scale. In terms of percentage, the figure implies Bitcoin has gained over 108% since January this year. Meanwhile, Bitcoin has seen approximately 70% growth since last October.
A screenshot of the Bitcoin YTD chart. Source: Google BTC highlight.
According to data from CoinMarketCap, Bitcoin saw over 194.67% increase in its 24-hour trading volume. Specifically, market participants bought and sold over $48.5 billion of Bitcoin, putting its 24-hour gain at above 11.44%
Notably, this recent uptick in the price of Bitcoin follows increased speculation about the awaiting approval of the first Bitcoin exchange-traded fund (ETF) that tracks the spot price of BTC. In particular, Whale Chart, a crypto influencer account on X, disclosed that the Bitcoin spot ETF of t…
The post Bitcoin Gains $17,944 YTD, Breaks 13-Month High Amid ETF Frenzy appeared first on Coin Edition.