Excitement over a widely-anticipated approval of the first spot Bitcoin and Ethereum ETFs in the U.S. has sent the prices of the two leading cryptocurrencies above $41,000 and $2,200, respectively.
On the crypto exchange Bitstamp, the Bitcoin price hit $41,733 earlier this morning (at 6:29 a.m. UTC), the highest since 18 April 2022.
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As for the Ethereum price, it reached $2,264 earlier today (at 6:21 a.m. UTC), which is the highest price it has been since 9 May 2022.
In fact, at one point earlier today, as Bitcoin Magazine correctly pointed out, Bitcoin’s market cap exceeded that of American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK):
Featured Image via Pixabay
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- Source: https://www.cryptoglobe.com/latest/2023/12/spot-etf-fever-sends-btc-above-41000-for-first-time-since-april-2022-and-eth-above-2200-for-first-time-since-may-2022/
