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Day: April 15, 2024

Bitcoin Surges Above $65,000 as Geopolitical Tensions Ease; Hong Kong ETF Decision Awaited

Bitcoin Surges Above $65,000 as Geopolitical Tensions Ease; Hong Kong ETF Decision Awaited

Bitcoin has rebounded above $65,000 amid easing geopolitical tensions following Iran’s missile attack on Israel, which was largely thwarted. The U.S. has ruled out joining Israel in a counter-attack, calming concerns. Traders anticipate approval of Bitcoin ETFs in Hong Kong, which could unlock significant demand, with estimates suggesting up to $25 billion.  Ethereum has also risen above $3,100, and market volatility has subsided as the focus shifts to the awaited ETF decision. Source: CoinDesk