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Bitcoin Price Forecast: SEC Approves NYSE, CBOE Bitcoin Options ETFs – Is $70K Next?  Cryptonews 19 Oct 2024

Bitcoin Price Forecast: SEC Approves NYSE, CBOE Bitcoin Options ETFs – Is $70K Next?  📈

SEC NYSE USA Bitcoin Cboe

The approval of Bitcoin options ETFs by the U.S. Securities and Exchange Commission (SEC) for NYSE and CBOE has been a significant catalyst for Bitcoin's recent price surge. This move enhances market liquidity substantially.

As a result, speculation about Bitcoin reaching the $70K mark has gained momentum, encouraging both institutional and retail investors to anticipate further gains.

This development is seen as a positive step for Bitcoin’s mainstream adoption, signaling growing confidence in digital currency investments.

Source: cryptonews.com ↗

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