
Daily Crypto News Jan 2: Biggest 2023 Events & Bitcoin's Bold Surge to $45K
Bitcoin has kicked off 2024 with an assertive push toward the $45,000 mark, igniting enthusiasm and speculation across the crypto markets. This significant upward movement has caused a ripple effect, resulting in over $73 million in short liquidations as prices spiked above $45,800, catching many traders off guard and emphasizing the volatile and unpredictable nature of cryptocurrency markets. Amidst this bullish trend, traders on Polymarket are expressing a strong conviction in the regulatory sphere, with an 89% prediction of the SEC approving a spot Bitcoin ETF by January 15th. This optimism reflects a broader sentiment in the crypto community, hoping for increased legitimacy and mainstream acceptance of cryptocurrencies with potential new investment avenues opening up.
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