Bitcoin hits 13-month high

in #crypto • 3 years ago

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Bitcoin hits 13-month high
Reuters
July 6, 20232:56 PM GMT+5:30Updated 2 hours ago

Illustration shows representation of cryptocurrency Bitcoin
A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
LONDON, July 6 (Reuters) - Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500.

The world's largest cryptocurrency has recently found support due to plans by fund managers, including BlackRock - the world's largest asset manager - to launch a U.S.-listed spot bitcoin exchange-traded fund (ETF).

Nasdaq refiled its application to list BlackRocks's ETF according to a filing made public on Monday after the U.S. securities regulator had reportedly raised concerns over initial filings.
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