The price of Bitcoin, the largest cryptocurrency, has gained more than 5.65% in the last 24 hours, driven by growing expectations that the United States Securities and Exchange Commission (SEC) will soon approve a Bitcoin spot ETF (exchange-traded fund). The increase in Bitcoin was also supported by the fact that data showing that inflation in the US is slowing down supports the predictions that the Fed has completed its interest rate hikes.

Welcome Kevin_Lee to the Gate Square! 🎉
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👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
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