Bitcoin continues to rise today. Most recently, it surpassed the level of $61,000 and was above the 2,000,000 baht level, while investors were confident that The US Securities and Exchange Commission (SEC) will approve the establishment of Bitcoin ETFs for futures trading.
Bitcoin soared 5.98 percent to $61,333.62 in trading on the Coinbase platform.
Bitcoin previously hit an all-time high of $64,889 in April.
Ben Keslin, head of research at AAX, forecasts more progress in setting up a bitcoin ETF in the US in the fourth quarter.
In June, Ark Investment Management, headed by Katie Wood, filed with the SEC for a bitcoin ETF.
ARK is the third company to file for approval to set up a bitcoin ETF, after Fidelity and CBOE Global Markets filed for approval in March.
Bitcoin has also been positively impacted by reports that The fund of Mr. George Soros, nicknamed the financial wizard. have invested in bitcoin
Past statistics indicate that Cryptocurrencies have generally performed well in October. It was able to recover after a poor performance in September. The pattern of bitcoin’s adjustment this year is consistent with what has happened in the past. Bitcoin has fallen sharply in September of this year. Nearly falling below $40,000 after China clears bitcoin-related transactions
The People’s Bank of China released a statement saying: All financial transactions related to cryptocurrencies. This includes bitcoins. It is illegal and will be heavily swept away. It is also illegal. and employees working for such platforms will be investigated. Previously in July The People’s Bank of China has banned financial institutions, including Alipay, an electronic payment service affiliated with Alibaba’s Ant Group. Provides services related to cryptocurrencies. while the Chinese government orders clearance of bitcoin mining
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