10/15/2021, 10:21 PM (Source: TeleTrader)
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Bitcoin continues rise, trades above $62,000

The world's largest cryptocurrency Bitcoin continued to rise trading above $62,000. The ongoing gains can be attributed to reports that the United States Securities and Exchange Commission will approve trading Bitcoin exchange traded fund (ETF). This was further bolstered by the first Bitcoin ETF being approved by one of the United Kingdom's regulatory agencies.

Bitcoin jumped 8.68% to trade for $62,334.00 at 4:24 pm ET. Meanwhile, the world's second-largest cryptocurrency Ethereum also saw increases, rising 2.62% to change hands for $3,889.70 a minute later.

Baha Breaking News (BBN) / OL