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1/20, 6:05 PM (Source: TeleTrader)
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Prices of cryptocurrencies rise, Bitcoin up by 4%

The prices of cryptocurrencies registered significant rises on Thursday, with the cost of Bitcoin surpassing 4% and going back to over $43,000.

The increase comes after the United States Securities and Exchange Commission (SEC) refused investment firm SkyBridge Capital's proposal to create a spot Bitcoin exchange-traded fund (ETF). Earlier, the Bank of Russia advised against crypto-related transactions.

Bitcoin advanced by 4.02% to sell for $43,350.000 at 11:58 am ET. At the same time, Ethereum surged by 5.38% to go for $3,248.80.

Baha Breaking News (BBN) / JR