**Matrixport Predicts BTC Price Surge on ETF Approval**: Matrixport, a cryptocurrency service provider, anticipates that the U.S. Securities and Exchange Commission (SEC) will approve a Bitcoin spot ETF in January. If approved, Matrixport predicts that Bitcoin's price will reach $50,000 by the end of January, possibly surpassing that mark. They cite historical precedents like Bitcoin's surge when CME Group launched Bitcoin futures in 2017 and the tendency for Bitcoin to rise more than 3% from Christmas to New Year, sometimes even up to 22%. 馃搱馃捈 #BitcoinETF #BTCPricePrediction #CryptocurrencyTips
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