Bitcoin (BTC) on Friday rose above the $60,000 level for the first time since April as investors celebrated the anticipated US SEC approval for trading of Bitcoin futures exchange traded fund (ETF) in the coming week.
BTC’s daily high of $62,600 brought it within 4 per cent of its all-time high of $64,800 with its year-to-date gains at approximately 110 per cent. Bitcoin’s dominance as a share of market cap has gained over the last several weeks to slightly above 46 per cent.
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