Bitcoin rose by 3% on Tuesday, surpassing the $45,000 mark for the first time since April 2022, in a strong start to the new year for the world’s largest and most famous cryptocurrency.
Bitcoin has increased to touch its highest level in 21 months at $45,386 earlier today. It recorded a 2% rise in its latest transactions, reaching $44,980.
The price of Bitcoin has increased by 15% since the beginning of December as the deadline for the decision of the US Securities and Exchange Commission on this fund, which is set for January 10th, approaches.
This led traders to invest in the largest cryptocurrency in anticipation of the expected approval, amid expectations that it could rise to $50,000 afterwards.
The currency “Ethereum” experienced a 1% increase, reaching a value of $2376.