Business
Will a US Bitcoin ETF send the Bitcoin price to new record highs?
The Bitcoin (CRYPTO: BTC) price is up 5.7% over the past 24 hours. One Bitcoin is currently worth US$58,778 (AU$75,356).
That’s according to Bitcoin price data from CoinDesk, which also tells me Bitcoin is still trading below its all-time highs of US$61,557, which it reached this past Sunday 14 March. Though not by much!
At the current price Bitcoin has a market cap of US$1.1 trillion. That’s enough to buy half the shares of Apple Inc (NASDAQ: AAPL).
Astounding.
What’s holding some investors back from buying Bitcoin?
As “easy” as Bitcoin is to buy and sell, according to its enthusiasts, needing to work through crypto exchanges and…
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