Crypto Daily™18 minutes ago

Published on November 10, 2023 18:25 GMT+00:00edited on November 10, 2023 18:31 GMT+00:00

The cryptocurrency market recorded one of its biggest gains for 2023 as reports of a spot Bitcoin ETF emerged in October. Now, analysts have predicted that spot ETFs will fuel the next bull market. In other news, Ethereum and a new altcoin have recorded a surge in investment inflows. Let’s dive deep into these exciting crypto trends.

Spot Bitcoin ETF Hype Would Fuel the Next BTC Bull Market

The crypto market broke out of consolidation when rumors of a spot Bitcoin ETF emerged in October. Industry experts have reported that a Bitcoin ETF could be approved before the end of 2023 or in the first quarter of 2024. The price of Bitcoin surged past $35,000 for the first time since May 2022.

Hong Kong is reportedly thinking about allowing retail investors to purchase spot cryptocurrency …