Bitcoin starts 2024 at over $45,000, its highest point since April 2022

Bitcoin hits over $45,000 in 2024, its highest since April 2022, boosted by a rise of over 4.5% in a matter of hours. This increase, the most significant in two years, exceeds 2023 price levels.

Spot Bitcoin ETFs are sparking speculation about the rise, with SEC approval imminent according to sources. Markets react, Ether, SOL and AVAX rise, while liquidations of over $63 million on Bitcoin are recorded.

Some are forecasting a move above $50,000 this week, linked to growing interest in futures, but the outcome will depend on whether ETFs are approved by January 10.