Bitcoin bulls continue to push up the value of the asset.
Bitcoin managed to touch the $44,000 level after a long break.
Recently, after Fed Chairman Jerome Powell’s statements regarding interest rates, Bitcoin started to rise rapidly. The leading crypto, which managed to reach $ 42,000 after a 19-month break, also reached the $ 44,000 level for a short time, according to Bitstamp data.
Rising expectations that a spot Bitcoin ETF will be approved, especially in the United States, have been one of the biggest catalysts for the rise in Bitcoin’s value.
BTC is trading at $43,641 at the time of writing.
