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Bitcoin bounces back
Following the US Securities and Exchange Commission's (SEC) approval of 11 Bitcoin exchange-traded funds (ETFs), and with a Bitcoin halving expected in April, the cryptocurrency regained the top spot for asset annual return on investment as its price surged more than 150% Prices jumped to US$48,494 per Bitcoin in early 2024 before consolidating to around $42,000 after the US regulator officially endorsed spot Bitcoin ETFs on Jan 10. The current price is significantly lower than the record high of $69,044.77 on Nov 10, 2021. Bitcoin prices rose last year as other cryptocurrencies also recovered and the overall market ... (full story)