Following the news that exchange-traded fund (ETF) applications for cryptocurrency Ethereum will be approved, the price of Bitcoin approached 71 thousand dollars, while the price of Ethereum increased by more than 18 percent to more than 3 thousand 600 dollars.
According to data from analysis company Coinmarketcap, the value of the global cryptocurrency market, including Bitcoin, increased by about 7.7 percent in 24 hours, reaching $ 2 trillion 600 billion.
The price of Bitcoin, the largest cryptocurrency, is trading at $ 70,975,000, up 6 percent in the last 24 hours, due to the news flow that ETF applications for Ethereum will be approved.
Ethereum, which ranks 2nd in terms of market value, has also gained more than 18 percent in the last 24 hours, exceeding the level of 3 thousand 600 dollars.
In some news in the international press, it was claimed that the US Securities and Exchange Commission (SEC) accelerated its work on the approval of applications for Ethereum ETFs.
Ethereum had become popular for providing decentralized financial services through automated software protocols.
