First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling

first mover asia bitcoin crosses 31k after spot btc etf issuers begin refiling

“Enthusiasm for bitcoin is growing, propelled by efforts to revive spot bitcoin ETF applications,” Rachel Lin, CEO and co-founder of SynFutures, told CoinDesk in a note. “Its commanding presence in the crypto market is increasingly evident, making up nearly half of the industry’s $1.2 trillion market cap, the most dominant it’s been in over two years.”

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