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Bitcoin hits 13-month high, trading at $31,500
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Reuters, which added the cryptocurrency rose by as much as 3.28 percent. According to crypto trading exchange CoinMarketCap, the current market capitalization of bitcoin rose by 2.2 percent at $610,122,773,744.
Earlier in 7 July 2022, the Bitcoin was traded at $20,547.81. Recently, bitcoin found support due to plans by fund managers, including BlackRock - the world's largest asset manager - to launch a U.S.-listed spot bitcoin exchange-traded fund(ETF).
Nasdaq refiled its application to list BlackRocks's ETF according to a filing made public on Monday after the U.S. securities regulator had reportedly raised concerns over initial filings.
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