Bitcoin (CRYPTO: BTC) has broken the psychologically important level of $38,000 amidst the hype surrounding the potential approval of spot Bitcoin exchange-traded funds (ETFs) and the recent settlement of Binance with the U.S. Department of Justice (DoJ).
Bitcoin, the world’s largest cryptocurrency by market capitalization, has been fluctuating in value over the past few weeks.
It now surged past the $38,000 mark, a level that many investors and analysts consider significant.
This price movement was being closely watched by the global financial community, as it could potentially signal a bullish trend for Bitcoin.
The surge ...