Illustration by Mitchell Preffer for Decrypt.

It may be December but it sure doesn’t seem like the holiday season—at least not for the crypto world, anyway.

Bitcoin started sleepy but hit $44,000 per coin for the second time this month. It is now trading for $43,815, according to CoinGecko. Over the past seven days, that’s an increase of over 3%.

The biggest digital coin by market cap continued to rise on the news (surprise, surprise) that a long-awaited spot Bitcoin exchange-traded fund (ETF) might be closer to approval: BlackRock’s Head of Digital Assets met with the SEC’s Division of Trading and Markets on Tuesday to discuss its application.

Ethereum (ETH) also had a bumper week. The second-biggest digital asset is now up over seven days, priced at $2,295.

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Author: Mathew Di Salvo

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