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Bitcoin tops $60,000 for the first time since April as US mulls exchange-traded fund

The digital currency was up 40 percent from a month ago, reaching $60,126 according to Bloomberg News data.

Published: 15th October 2021 08:24 PM  |   Last Updated: 15th October 2021 08:24 PM   |  A+A-

Bitcoin

For representational purposes (File Photo | AFP)

By AFP

LONDON: Bitcoin breached the $60,000 mark for the first time since April on growing hopes that US regulators will approve the first futures exchange-traded fund for the cryptocurrency.

The digital currency was up 40 percent from a month ago, reaching $60,126 according to Bloomberg News data, following a report that the US Securities and Exchange Commission was close to approving the ETF, which could attract more traditional investors to the market.



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