Bitcoin rose 6% on Tuesday to $35,100 (€33,100), its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent.🔥
The 10% surge on Monday gave bitcoin its best day in almost a year. The bullishness spread across the wider crypto market and into related stocks.
Analysts believe a bitcoin exchange-traded fund (EFT) would allow investors previously wary of crypto access to the asset via the stock market, ushering in a new wave of capital to the sector. ⚡️
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