Bitcoin Hits One-Year High, Soars Past $31.3K

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Bitcoin hits one-year high, surges past $31.3K as momentum from multiple spot BTC filings continues. JPRubin23 reports

The largest cryptocurrency by market capitalization was recently trading at $31,110, up nearly 4%, according to CoinDesk Indices. It is up roughly 20% over the past week.

Bitcoin began spurting earlier this week, a few days after BlackRock, the world's largest asset manager, applied for a spot ETF and as two other financial services powerhouses refiled their applications for similar products.

 

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