11:11 - 12.01.2024

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January 12, Fineko/abc.az. The U.S. Securities & Exchange Commission (SEC) has approved the launch of ETF Bitcoin Spot, which will directly invest in cryptocurrencies.

ABC.AZ reports that the decision is important for the entire cryptocurrency market.

However, after the rally of recent weeks, bitcoin's growth potential has exhausted. It was replaced by the second most popular cryptocurrency - Ethereum.

Over the past 24 hours, Ethereum has risen in price by 9%, reaching maximum in 20 months. In terms of dynamics, it has overtaken bitcoin since the beginning of the year.