Yesterday the rate rose to $47,000
According to CNBC, tomorrow, January 10, the US Securities and Exchange Commission (SEC) will approve several Bitcoin ETFs, which will allow institutional investors to purchase Bitcoins. Bidding should begin on Friday, January 12th.
If the rumors are confirmed and big money pours into Bitcoin, the rate may rise significantly. At the same time, we should not forget about short-term investors or speculators and miners who may try to take profits, which can lead to a collapse in the rate.
Bitcoin continues to reach new heights. As we reported last night, the main cryptocurrency rose slightly above the $47,000 mark, which has not happened since March 2022, that is, almost two years.
At the time of publication of this note, the rate is about $46,800, but the volatility in the market remains quite high. According to experts, the rate may change greatly in the next 24 hours.