there is a very strong rumor in the market that the SEC ( security and exchange commission ) in the US will be approving some bitcoin ETF ( exchange traded funds ) around Jan 10 2024 or so .
could this be the reason that bitcoin is trading around 47,000 us dollars on jan 9 2024 ?
not only that , other crypto currencies are also moving up – like Ethereum , ripple , dogecoin , cardano , solano , etc.
