The price of Bitcoin has seen a significant increase in the past 12 hours. Amid uncertainty, the price of Bitcoin has risen from $61,754 to $64,110, an increase of nearly 2% in the past 24 hours.
Bitcoin prices have not seen significant movement in the past 15 minutes. The market cap of Bitcoin is still up more than 1% to $1.262 trillion, but has not yet reached the critical level of $1.3 trillion.
On the other hand, trading volume increased by 57% in 24 hours to $27.7 billion, indicating that investors are regaining interest in Bitcoin and cryptocurrencies.
Uncertainty remains around ETFs. While previous ETFs approved in Hong Kong were considered significant, continued cryptocurrency pressure from China could prevent these ETFs from attracting the expected interest.
It will be eagerly awaited in the coming days how investors react to the region’s newly launched ETFs.
Another ETF that started operating in Hong Kong is the spot Ethereum ETF. The situation in the United States is still unclear, and the Franklin ETF recently launched by DTCC has attracted close attention.
In this context, the price of ETH has approached the $3,200 mark and is currently trading at $3,192. This price is down 2.97%.
