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$BTC rises over 6% with Heavy Speculations of Spot Bitcoin ETF Approval
Gate.io News: $BTC, the largest cryptocurrency by market cap is up over 6% in the past 24hours, & now trades around $28407.9, with $553.42B market cap, as per Gate.io chart.
The latest price increase comes with the strong speculation that the U.S. Securities and Exchange Commission has approved the iShares spot Bitcoin ETF. Although there is not enough clarity on the actual ETF approval, yet the rumour as a good News sparked a bullish sentiment that helped $BTC price increase.