Bitcoin surged past $45,000, driven by anticipation of an approval for an exchange-traded fund (ETF) and an upcoming halving event. The cryptocurrency rose 5.2% to its highest level since April 2022, reaching $45,443. Traders are buying Bitcoin ahead of the January 10 deadline for the US Securities and Exchange Commission to approve a spot ETF. Options traders are optimistic, betting on Bitcoin hitting $50,000. Despite the bullish sentiment, a major correction is unlikely given the halving event scheduled for April.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/b1wXrh7
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