Bitcoin Hits ,000 for First Time Since 2022 on ETF Optimism
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Bloomberg Originals
- Possible ETF ticker taken down from DTCC, BI’s Balchunas says
- Largest token doubled this year following 2022 crypto rout
Updated on
Bitcoin retreated from the more than one-year highs that were fueled by expectations of fresh demand from exchange-traded funds.
The largest digital asset rose as much as 11.5% to top $35,000 before paring some of the gain to trade at $33,517 as of 11:43 a.m. in New York on Tuesday, taking its year-to-date rebound from 2022’s digital-asset rout to 102%.
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Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism
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