Key Points
Bitcoin reached a 21-month peak at $45,488, showing a 154 per cent gain in the previous year its strongest performance since 2020..
Bitcoin, the world's biggest and most popular cryptocurrency, surged above $45,000 on Tuesday, marking its highest level since April 2022..
The top cryptocurrency's performance has been fuelled by optimism surrounding the potential approval of exchange-traded spot bitcoin funds...
Despite multiple rejections in recent years, there is growing anticipation that the SEC might approve some of the 13 proposed spot bitcoin ETFs in early January...
"The crypto market is set to experience notable growth this year, with key influencing factors being the influx of investment funds from spot ETFs, Bitcoin halving, and a more accommodative monetary policy both in the United States and worldwide," he told the news agency...
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