Bitcoin surges to 18-month high as expectations grow for exchange-traded funds to be approved to invest in Bitcoin

First Bitcoin ETF approval window opens today

Bitcoin rose as much as 3.6% to $36,856 Thursday in Asian watches, the highest since May 2022. Smaller symbolic currencies ether up as much as 2.2% while Solana advanced 3.2%

Bitcoin analysts at Bloomberg believe the SEC can approve all Bitcoin ETFs over an eight-day period, and analysts believe this confirms a bitcoin market rally.
The immediate approval of the Bitcoin Exchange Traded Fund is expected to push the BTC price higher and the price of bitcoin could reach $50,000.