US stock market · May 21, 2024 0

Bitcoin Surges ~8%, Ethereum Skyrockets 20% on Mkt Rumours of US Approving Ethereum Spot ETF

Bitcoin has surged atop the US$70,000 barrier on market rumours this morning (21 May) Hong Kong time that an Ethereum spot ETF is likely to be approved in the US this week.

Bitcoin is now soaring 7.8% to US$71,465, while Ethereum has skyrocketed 20.5% to US$3,706.