BTC Price Rises Above $47K as Spot Bitcoin ETFs Book One of Their Best Days

The largest crypto by market capitalization ran to as high as $47,699, the highest since the bitcoin ETF launch day, before it buckled to $46,700 in a swift sell-off. Soon after, prices quickly rebounded slightly over $47,000. At press time, BTC was up 4.5% over the past 24 hours, outperforming the CoinDesk 20 Index (CD20), a measure of the biggest cryptocurrencies, which advanced 3.8%.

Source: https://www.coindesk.com/markets/2024/02/09/bitcoin-tops-47k-as-spot-bitcoin-etfs-book-one-of-their-best-days/?utm_medium=referral&utm_source=rss&utm_campaign=headlines