Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin price breaks past $39,000, bolstered by ETF hype

Bitcoin price breaks past $39,000, bolstered by ETF hype

The BlockThe Block2023/12/02 21:33
By:The Block

Quick Take The price of Bitcoin has broken $39,000 for the first time since April 2022. Excitement around potential spot Bitcoin ETFs has led Bitcoin to rally in recent months.

Bitcoin price breaks past $39,000, bolstered by ETF hype image 0

The price of Bitcoin BTC + has risen past $39,000 for the first time since April 2022, highlighting continued industry-wide anticipation of potential upcoming exchange-traded products. 

Bitcoin's price has risen about 1.5% in the last 24 hours to its current value of approximately $39,300, according to The Block's Price Page . The volatile cryptocurrency's price momentarily peaked above $39,500 before mildly retreating.

Anticipation for Bitcoin spot ETFs has driven the largest crypto fund inflows in two years, according to CoinShares. 

In addition to ETF excitement, a MatrixPort analyst recently called Bitcoin's rise above $40,000 " inevitable " following Binance's record settlement. The recent election of Argentinian President Javier Milei also led Bitcoin's price to approach record highs for Bitcoin in that country. 


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40

Bitget Spot Bot adds PUMP/USDT

Bitget Announcement2025/07/15 08:00