Why Bitcoin Price Is Up This Week?

Bitcoin achieved a new high in 2023 as BlackRock listed its iShares Bitcoin ETF on the DTCC platform and a court directed the SEC to reassess Grayscale's application.

Bitcoin Price Shoots 

The abrupt increase in Bitcoin's price coincided with a renewed interest in forthcoming spot ETF approvals and a notable surge in overall trading volumes within spot markets.

Riding the Wave of Bitcoin Price Growth

The surge in Bitcoin's price has primarily followed an upward trajectory, though it encountered occasional fluctuations along the way.


The crypto market has exhibited remarkable potential for profit in the past 24 hours, with Bitcoin notably leading the charge. This surge is not an isolated event but part of a larger trend.