Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut
Bitcoin rose in volatile trading Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the … Read more