Bitcoin Surges as the Crypto Crosses a Key Level. Here Is How High Prices Could Go.

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Jun 17, 2007
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and other cryptocurrencies surged Thursday to the highest levels since last month’s landmark U.S. approval of spot Bitcoin exchange-traded funds. The price of Bitcoin has advanced 4.5% over the past 24 hours to near $44,800, the highest levels since mid-January, when prices climbed to near $49,000 amid a trading frenzy over the anticipation and approval of spot Bitcoin ETFs. The jump higher comes after Bitcoin had languished for weeks, falling below the psychologically important $40,000 level at points and spurring concerns of a more painful correction.
 
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