• Bitcoin and Ethereum have seen major price surges in the last 24 hours, after several positive events.

  • Bitcoin price reached $60 after reports of the SEC reviewing WisdomTree ETF.

  • Ethereum price surged alongside Bitcoin’s, hitting a new all-time high.

Bitcoin price goes up after the SEC starts reviewing WisdomTree ETF

Bitcoin has had plenty of good news recently that have boosted its price, finally allowing it to go to $60k, after more than a month of trying and failing. The biggest drive likely came from the US Securities and Exchange Commission’s decision to start reviewing a recent Bitcoin ETF proposal, submitted by WisdomTree.

Another positive sign for the market came from BTC miners, who started stacking coins once again, thus revealing that they feel bullish about the coin. And, of course, there was the decision of an English Southampton Football Club to start receiving bonuses in BTC.

As for ETH, it got another praise from billionaire investor Mark Cuban, while a recent price prediction says that it has good odds of going beyond $2,145.

Ethereum at new height while BTC struggles to cross the $60k mark

According to recent price data, Ethereum has managed to hit a new ATH and reach $2,199 recently, only to slightly correct to $2185 at the time of writing.

Ethereum

As for Bitcoin, its price reached $60k several times in the last month, but it never managed to cross the barrier and go back to $61k. At the time of writing, its price corrected after being rejected by the resistance once more, currently at $60,996.

Bitcoin


The above content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. The trading of commodities, cryptocurrencies and currencies involves significant risk.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

MANTA suffers 4% pullback after unlocking tokens worth $40 million

MANTA suffers 4% pullback after unlocking tokens worth $40 million

Manta Network (MANTA) unlocked over 8% of its circulating supply on Thursday. The unlocked tokens were airdropped and distributed in public sale, according to data from Tokenunlocks. 

More Cryptocurrencies News

XRP struggles to recover as lingering Ripple lawsuit could reach Supreme Court, former SEC litigator says

XRP struggles to recover as lingering Ripple lawsuit could reach Supreme Court, former SEC litigator says

The SEC vs. Ripple potential showdown at the Supreme Court is likely, says former SEC litigator Ladan Stewart. XRP Ledger calls developers, businesses and investors to build on the blockchain, extending Apex 2024 registration until April 30. 

More Ripple News

Bitcoin Layer 2 Merlin chain TVL climbs 20%, defying broad market correction

Bitcoin Layer 2 Merlin chain TVL climbs 20%, defying broad market correction

Merlin chain’s TVL added 20% this week, and crossed $800 million on Thursday. Bitcoin Layer 2 assets noted double-digit losses in the past week. Stacks, Elastos, SatoshiVM, BVM are hit by a correction as Bitcoin hovers around $61,000. 

More Bitcoin News

If Bitcoin restarts bull run, these altcoins are likely to explode Premium

If Bitcoin restarts bull run, these altcoins are likely to explode

If Bitcoin’s consolidation ends and the bull run resumes, altcoins are likely going to trigger a massive rally. Last cycle’s hot tokens like SOL, AVAX, WIF, ONDO, etc., could see renewed enthusiasm. 

More Cryptocurrencies News

Bitcoin: BTC’s rangebound movement leaves traders confused

Bitcoin: BTC’s rangebound movement leaves traders confused

Bitcoin (BTC) price has been hovering around the $70,000 psychological level for a few weeks, resulting in a rangebound movement. This development could lead to a massive liquidation on either side before a directional move is established. 

Read full analysis

BTC

ETH

XRP