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Bitcoin, the flagship cryptocurrency, has surged to a new 2023 high driven by news of its long-awaited spot Bitcoin ETF. Meanwhile, Tezos and the presale token, Pullix, are set for potential gains of up to 1,800%.

Bitcoin (BTC) Crosses $44K

Bitcoin (BTC) and the general crypto market have seen bullish price movement in the past few months, thanks to spot Bitcoin ETF News. Despite the SEC’s delay, predictions regarding the approval rate have notably improved.

According to inside sources from the US SEC, Bloomberg’s prediction of a chance of approval has now skyrocketed to over 99%. The surge of Bitcoin ETF news recently pushed the token above the $41,000 mark to its highest point since April 2022.

The Bitcoin price maintained the bullish momentum to extend its gains above $44,000 on Tuesday. Bitcoin price traded above $44,000 on some exchanges, including Coinbase. Joel Kruger, market strategist at LMAX Group, predicted Bitcoin would soar to $48,000.

Tezos (XTZ) Sees Price Gains

Tezos (XTZ) serves as the native cryptocurrency of the Tezos blockchain. Significantly, this native token has garnered the attention of investors and traders alike. XTZ has achieved listings on more than ten of the leading cryptocurrency exchanges within just two years of its launch.

The Tezos price started 2023 on a positive note, soaring to $1.47 on February 23rd. After that, it was all downhill as Tezos crypto fell to a low $0.6909 on June 10th. This was after the SEC’s legal lawsuit against Binance and Coinbase.

As of December, Tezos price has shown positive momentum, moving between $0.814612 and $0.900569 in the past week. According to CoinMarketCap, the price of XTZ is 8.6% and 9.1% on the weekly and monthly charts.

Pullix
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Author: Crypto Daily

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