‘A Very Big Deal’—Crypto Suddenly Braced For A Huge China ETF Earthquake After Bitcoin, Ethereum And XRP Price Boom
Bitcoin BTC 0.0% has exploded over the last year, sending the bitcoin price to over $70,000 as top Wall Street executives sound an "urgent" alarm over a U.S. dollar time bomb .
The bitcoin price has rocketed past its previous all-time high of $69,000 per bitcoin —pushing up the ethereum price, while XRP has added 50% since its May 2023 lows—with its rally being largely put down to the debut of a fleet of Wall Street spot bitcoin exchange-traded funds (ETFs) in January ( triggering a huge $75 trillion bitcoin price prediction ).
Now, as Elon Musk teases an X upgrade that some bitcoin and crypto traders think could transform the market , analysts have predicted a Hong Kong spot bitcoin ETF in China could mean another "huge" bitcoin price earthquake is just around the corner.
Read More: https://www.forbes.com/sites/digital-assets/2024/03/30/a-very-big-deal-crypto-suddenly-braced-for-a-huge-china-etf-earthquake-after-bitcoin-ethereum-and-xrp-price-boom/?sh=458cf74f3ed6
Bitcoin BTC 0.0% has exploded over the last year, sending the bitcoin price to over $70,000 as top Wall Street executives sound an "urgent" alarm over a U.S. dollar time bomb .
The bitcoin price has rocketed past its previous all-time high of $69,000 per bitcoin —pushing up the ethereum price, while XRP has added 50% since its May 2023 lows—with its rally being largely put down to the debut of a fleet of Wall Street spot bitcoin exchange-traded funds (ETFs) in January ( triggering a huge $75 trillion bitcoin price prediction ).
Now, as Elon Musk teases an X upgrade that some bitcoin and crypto traders think could transform the market , analysts have predicted a Hong Kong spot bitcoin ETF in China could mean another "huge" bitcoin price earthquake is just around the corner.
Read More: https://www.forbes.com/sites/digital-assets/2024/03/30/a-very-big-deal-crypto-suddenly-braced-for-a-huge-china-etf-earthquake-after-bitcoin-ethereum-and-xrp-price-boom/?sh=458cf74f3ed6
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