Bitcoin (BTC), the world's largest cryptocurrency by market value, has pushed above the $45,000 mark for the first time since the day after the spot ETFs began trading on Jan. 11. At time of writing, BTC was higher by 1.57% over the past 24 hours to $45,294.08, modestly outperforming a 4.4% rise for the broader CoinDesk 20 Index.
"Breaking $45,000 allows early investors who piled on the bitcoin ETF to be almost in the money,...

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In January, the SEC approved the trading of 11 spot Bitcoin ETFs on the 11th. This approval allows investors to diversify their portfolios with crypto exposure without worrying about the complicated issues of custody. Microsoft had overtaken Apple as the most valuable company for the first time since 2021, which may be largely due to its investment in generative AI, including a stake in ChatGPT. The EV sector also faces fierce competition;...