Bitcoin ETF Approval Set to Propel BTC Price Beyond $50K: Matrixport

Bitcoin ETF Approval Set to Propel BTC Price Beyond $50K: Matrixport

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Research conducted by Matrixport anticipates that the price of Bitcoin will surpass the $50,000 threshold in January 2024, provided that the approval of spot Bitcoin ETFs by the U.S. SEC becomes a reality. The firm predicts a 95% probability of spot Bitcoin ETF approval in January 2024. Matrixport…

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