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Breaking News: Bitcoin surging above $6,500 as the SEC stops accepting comments

Breaking News: Bitcoin surging above $6,500 as the SEC stops accepting comments
FXStreet TeamFXStreet TeamFXStreet

The BTC/USD is trading above $6,500, waking up from its long-held range trading. 

The US SEC stopped accepting comments on a Bitcoin Exchange Traded Fund request and is readying its decision. Many analysts believe that once the authorities approve an ETF for Bitcoin, mainstream investors will pour into investment in digital coins. This decision by the SEC is related to nine requests for such ETF's. 

In recent days we have seen other cryptocurrencies moving higher: Ethereum and more importantly Ripple shot higher.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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