$BTC Cryptocurrency bulls say bitcoin could surge to more than $100,000 this year after the U.S. Securities and Exchange Commission made a pivotal step to approve the first-ever U.S. spot bitcoin exchange-traded fund.
Several crypto investors CNBC spoke with said they see the world’s top cryptocurrency rising in 2024, as the effects of approval of a bitcoin ETF, which would diversify the range of investors that can gain exposure to the cryptocurrency, begin to become more apparent.
Bitcoin hasn’t moved substantially since the decision Wednesday, but investors believe it’ll start to see significant gains later in the year as the effects of ETF — and an upcoming technical event known as the “halving” — become more apparent.
