Bitcoin, Ethereum Take Off Over The Weekend, Keeping Apex Crypto In Sight Of $40K Mark: Here's What's Going On
Bitcoin, Ethereum Take Off Over The Weekend, Keeping Apex Crypto In Sight Of $40K Mark: Here's What's Going On
The cryptocurrency space has picked up momentum in recent sessions amid hopes that a spot Bitcoin (CRYPTO: BTC) exchange-traded fund will soon receive regulatory approval. The top two cryptocurrencies in terms of market capitalization, namely Bitcoin and Ethereum (CRYPTO: ETH), took off early Sunday.
由於人們希望現貨比特幣（CRYPTO：BTC）交易所交易基金很快獲得監管部門的批准，加密貨幣領域在最近的幾個交易日中勢頭增強。市值排名前兩的加密貨幣，即比特幣和以太坊（CRYPTO：ETH），在週日早些時候起飛。
What Happened: Bitcoin, which closed above $39,000 level on Saturday for the first time since early May 2022, advanced further on Sunday. After opening at $39,472.21, the apex crypto rose to an intraday high of $39,726.74 at around 9 a.m. and has since squandered some of the gains.
發生了什麼：比特幣自2022年5月初以來首次在週六收於39,000美元以上，週日進一步上漲。在開盤價39,472.21美元后，頂點加密貨幣在上午9點左右升至盤中高點39,726.74美元，此後浪費了部分漲幅。
At last check, Bitcoin traded up 2.42% to $39,766.50, according to Benzinga Pro data. The upside has also been accompanied by heavy volume, which saw a 25% increase over the past 24 hours. The crypto is up about 140% for the year.
根據Benzinga Pro的數據，在最後一次檢查中，比特幣交易價格上漲2.42％，至39,766.50美元。上行空間還伴隨着交易量大，在過去的24小時內增長了25％。加密貨幣今年上漲了約140％。
The apex crypto is closing in on the psychological resistance of $40,000, and the last time it closed above the level was in late April 2022.
頂點加密貨幣接近4萬美元的心理阻力，上一次收於該水平之上是在2022年4月下旬。
Ethereum, the second biggest crypto, was also surging higher Sunday morning. It last traded up 2.69% at $2,161.40.
第二大加密貨幣以太坊也在週日上午飆升。它最後一次交易價格上漲2.69％，至2,161.40美元。
See Also: How To Buy Bitcoin
另見：如何購買比特幣
What's Driving Upside: Expectations of rate cuts by the Fed have been perceived as a positive for speculative assets such as cryptocurrency. Cash waiting on the sidelines could come flooding back into the market and find its way into risky bets.
推動上行趨勢的因素：人們認爲對美聯儲降息的預期對加密貨幣等投機資產有利。處於觀望狀態的現金可能會湧回市場，進入風險賭注。
Additionally, a host of firms, including BlackRock, WisdomTree and Valkyrie, among others, are waiting on the SEC to vet their respective spot ETF applications. An approval for the first ETF could come as early as early 2024. A spot Bitcoin ETF wwould allow investors to invest directly in the apex crypto.
此外，包括貝萊德、WisdomTree和Valkyrie在內的許多公司都在等待美國證券交易委員會審查各自的現貨ETF申請。第一隻ETF最早可能在2024年初獲得批准。現貨比特幣ETF將允許投資者直接投資頂級加密貨幣。
"For ETF investors, this would be the best product on the market ... All the other options right now have flaws to varying degrees," said Bryan Armour, director of passive strategies research for North America at Morningstar, CNBC reported.
“對於ETF投資者來說，這將是市場上最好的產品...目前，所有其他選擇在不同程度上都存在缺陷。” 據CNBC報道，晨星北美被動策略研究董事布萊恩·阿穆爾說。
Read Next: What Is Spot Bitcoin ETF
繼續閱讀：什麼是現貨比特幣 ETF
Photo: Shutterstock
照片：Shutterstock
譯文內容由第三人軟體翻譯。