{"id":111826,"title":"Bitcoin’s performance remains strong as the year comes to a close","publisher":"Share Talk","author":"sharetalk","published":"2023-12-20T12:38:08+00:00","modified":"2023-12-20T12:41:57+00:00","canonical_url":"https://www.share-talk.com/bitcoins-performance-remains-strong-as-the-year-comes-to-a-close/","markdown_url":"https://www.share-talk.com/bitcoins-performance-remains-strong-as-the-year-comes-to-a-close.md","json_url":"https://www.share-talk.com/bitcoins-performance-remains-strong-as-the-year-comes-to-a-close.json","category":"B2B","categories":["B2B","Blogs","Business & Support Services","Fintech","Technology","Technology, Media & Telecoms"],"tags":["Binance","Bitcoin","BNB","BTC","cryptocurrency","DOGE","Dogecoin","Elon Musk","ETH","Ethereum","Litecoin","LTC","Ripple","SOL","Solana","SpaceX","Tesla Inc","TSLA","XRP"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/12/bull-4-dec-23-750x406-1.jpg?fit=750%2C406&quality=89&ssl=1","format":"news","language":"en-GB","content":"Bitcoin (BTC) recovered from Tuesday’s downturn with a 1.5% increase in the spot markets on Wednesday morning, pushing the BTC/USDT pair above $42,900.\n\nMarket optimism is growing for a surge past $43,000, buoyed by news that BlackRock Inc (NYSE: BLK) recently held its second meeting this month with the US Securities and Exchange Commission (SEC) regarding its iShares Bitcoin Trust application.\n\nBlackRock is seeking approval for its bitcoin exchange-traded fund (ETF) to be listed on Nasdaq, a development widely anticipated to be a significant boost for bitcoin’s price in 2024.\n\nhttps://twitter.com/Share_Talk/status/1737452804128506193\n\nThere is considerable anticipation that BlackRock’s spot-bitcoin ETF will receive approval alongside similar proposals from entities like Fidelity, VanEck, Grayscale, and Ark Invest.\n\nWhile these approvals are not expected until next year, with a slight possibility of not materializing at all, the surrounding excitement has significantly energized the cryptocurrency markets in recent times.\n\nAs the year draws to a close, Bitcoin continues to show robust performance, although the likelihood of additional gains in a potential ‘Santa rally’ has somewhat lessened."}