The biggest digital currency faced challenges on May 19 as it grappled to remain above the $66,000 mark, often slipping below it. However, on May 20, it experienced a remarkable turn of events. News started circulating that the US Securities and Exchange Commission (SEC) might give the green light to eight Ethereum exchange-traded funds (ETFs) in the same week. As a result, Bitcoin surged by more than $5,000 for the first time in six weeks, nearing $72,000. Unfortunately, Bitcoin’s upward momentum couldn’t be sustained, and it began to lose value in the subsequent days. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.
