The crypto excitement doesn’t seem to end. Bitcoin (BTC), after cooling off last Friday, continued to bolt upwards—it hit an 18-month high on Thursday, crossing into $37,000 per coin on optimism surrounding the potential approval of a spot exchange-traded fund (ETF). 

Bitcoin’s boom—most likely caused by a note from Bloomberg Intelligence analysts saying that the U.S. Securities and Exchange Commission now has an eight-day window to approve the applications for a Bitcoin ETF—brought the rest of the market with it. 

Over the past seven days, BTC is up nearly 8% and trading hands for $37,369, according to CoinGecko. 

A number of big altcoins saw gains with Solana (SOL) taking the lead and continuing its seemingly unstoppable rally. On Friday, the coin was closing in on USD Coin’s (USDC) market cap. It is now comfortably above $50 per coin, and priced at $54.54—a more than 38% weekly rise. 

Go to Source to See Full Article
Author: Mathew Di Salvo

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details