Bitcoin and Ether — the two top cryptocurrencies by market cap — thrived on Tuesday on speculation that the Securities and Exchange Commission (SEC) would approve spot Ethereum ETFs this week.
Bitcoin price surged to a 38-day peak of $71,954, on May 21, 2024, largely due to a reports from Bloomberg analysts that the US Securities and Exchange Commission is set to approve Ethereum ETF. After a volatile start to the month,
However, we can still explore the historical trends of Bitcoin returns to understand its day-to-day price changes and predict future behavior to derive trading strategies and predict the central role other digital assets,