BTC price bounces 5% as investor says Bitcoin ETF ‘99.9% done deal’
New updates to BlackRock’s Bitcoin spot ETF filing come as BTC price strength narrowly retains $40,000 as support.
Bitcoin (BTC) returned above $43,000 into Dec. 19 amid fresh news over the United States’ would-be first spot price exchange-traded fund (ETF).
Data from Cointelegraph Markets Pro and TradingView showed a BTC price recovery taking the market to local highs of $43,456 after the daily close.
After starting the week on an uncertain footing, BTC/USD swiftly gathered strength, with the Dec. 18 candle closing over 5% above the day’s low.
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Author: William Suberg
