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Bitcoin soars to 10-day high; Will BTC hit $50k by end of 2023?
As optimism returns to the cryptocurrency market, the price of its representative asset, Bitcoin (BTC), has briefly crossed the threshold at $44,000 and reached its 10-day high thanks to the anticipation of approval of the first Bitcoin exchange-traded fund (ETF) and an increase in whale wallets. Indeed, 22 crypto wallets with more than 100 BTC in their possession have returned to the network after a two-week decline, leading the flagship decentralized finance (DeFi) asset to hit $44,200, according to the data shared by the crypto market intelligence platform Santiment on December 20. On top of that, the platform’s ... (full story)