Bitcoin nears $60,000 as investors eye first US ETFs

Bitcoin hit a six-month high on Friday, approaching the record hit in April, as traders became increasingly confident that US regulators would approve the launch of an exchange-traded fund based on its futures contracts. The world’s biggest cryptocurrency rose nearly 4 per cent to as high as $59,664, its highest since mid-April. It has doubled in value this year and is near April’s record high … Continue reading Bitcoin nears $60,000 as investors eye first US ETFs