Bitcoin jumped 5.6 percent to $46,700 after BlackRock, Arc and several other potential issuers of exchange-traded funds presented modified models in what analysts see as a final boost to offer investment products.
This is the highest level for the currency since March 2022. That comes after it rose nearly 160 percent last year pending approval by the U.S. Securities and Exchange Commission. Bitcoin reached an all-time high of almost $69,000 in November 2021.
Source (Al Khaleej Emirati Newspaper, Edited)
