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Bitcoin Is Up 100% This Year. It's Not Just Because of Spot BTC ETF Hype

While most observers tie bitcoin's recent strength to the anticipation of a spot ETF approval, some analysts offer alternative explanations to the crypto's rise.

Updated Mar 8, 2024, 5:08 p.m. Published Oct 25, 2023, 1:43 p.m.
BTC price in 2023 (CoinDesk)
BTC price in 2023 (CoinDesk)