Importante
BTC/USD: Bitcoin Tops $45,000 to Hit 21-Month High as ETF Approval Deadline Looms
![](https://s3.tradingview.com/news/image/tradingview:6891fa630094b-fcda35307b11909bb68840b7823523bf-resized.jpeg)
The Securities and Exchange Commission may notify spot Bitcoin ETF applicants of its decision to approve or reject their filings as soon as today.
- The price of Bitcoin
BTCUSD surged to a 21-month high, ringing in 2024 on a highly upbeat note. The orange coin jumped 7% on Tuesday to eclipse $45,000, peaking at a daily high of $45,500. A key week is unfolding, and investors are optimistic about what’s coming.
- The Securities and Exchange Commission is slated to reveal who will get the greenlight over the first US-based spot Bitcoin exchange-traded fund. More precisely, the first ETF to hold actual Bitcoin, not futures contracts, may arrive this week if the US regulator grants the go ahead.
- Starting today, through January 10, the Bitcoin ETF approval window is pushing demand for crypto assets across the board. Besides Bitcoin, Ethereum
ETHUSD powered higher by 4% and Solana
SOLUSD rocketed 13% to $115, riding its recent monster run. Broadly, the crypto market is zeroing in on a $1.8 trillion valuation for the first time since early 2022.