Crypto Price Today: Bitcoin surpasses $44,000 on ETF trigger; Solana, BNB gain up to 17%
Major crypto tokens were trading mixed with the bias slightly tilting towards the gainers in Friday’s trade. Bitcoin, Ethereum, Solana, BNB, XRP, Dogecoin, Cardano, Avalanche, Toncoin and Tron were trading in the green around 10:30 am.
In a major development, Coinbase Global secured registration with the French markets regulator, a Reuters report said, quoting CNBC.
France's AMF watchdog gave Coinbase a virtual asset service provider approval, which is effectively a green light for the company to operate digital currency services in France, according to the report.
Bitcoin crossed the $44,000 mark following crucial discussions on Bitcoin ETFs between BlackRock, Nasdaq and the US Securities and Exchange Commission (SEC).
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Commenting on the development, Shivam Thakral, CEO of BuyUcoin said that the overall crypto market cap surged to $1.66 trillion with Bitcoin touching the $44,000 mark just ahead of Christmas. The crucial meeting between Blackrock, Nasdaq, and SEC regarding the Bitcoin ETF sent strong positive signals leading, he said.
Meanwhile, Solana is leading the altcoin rally with over 16% surge in 24 hours. As we enter the last week of 2023, the crypto market is gathering more steam to sustain the momentum into 2024, the BuyUcoin expert opined.
«Demonstrating a 16% gain this month and an impressive 165% surge year-to-date, the market is propelled by Argentina's formal adoption of Bitcoin as its official currency,» Edul Patel CEO of Mudrex said.
Patel is positive on the crypto market, highlighting that El Salvador
