Key facts: Bitcoin rises 2.2% to $110,121; SEC approves Bitcoin ETPs; CZ predicts Bitcoin may surpass gold
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- Bitcoin rose 2.2% to $110,121, bouncing back from a four-month low of $103,659. It still trails its peak of $126,223 set on October 6.1
- In January 2024, the SEC approved rule changes allowing exchanges to list and trade spot Bitcoin ETPs, making Bitcoin accessible on major platforms like NYSE and Nasdaq.2
- CZ predicted that Bitcoin could eventually surpass gold in market value, highlighting its potential as a leading asset in the cryptocurrency space.3