Cointurk Finance provides the latest financial and business news. The current period of bullish market growth, which commenced in the middle of 2023, was originally fueled by the enthusiasm surrounding the anticipated authorization of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States. Upon the approval of these ETFs in early 2024, the price of Bitcoin surpassed its previous record high from 2021, reaching an approximate value of $74,000. This significant achievement signifies the first instance in which Bitcoin has attained a new pinnacle prior to a block reward halving.
