Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes


Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes


Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes that the Securities and Exchange Commission will soon approve a bitcoin futures exchange-traded fund.⁠

Cryptocurrency investors were excited by a tweet from the verified account of the SEC’s Office of Investor Education and Advocacy late Thursday that said, “before investing in a fund that holds Bitcoin futures contracts, make sure you carefully weigh the potential risks and benefits.”⁠

Bitcoin’s price is now only about 5% below the all-time high of just under $65,000 that it hit earlier this year.⁠

📸: Ozan Kose/AFP/Getty Images



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