Cryptocurrency prices trended higher in 2023 due to an improved U.S. economy outlook and investor anticipation of a Bitcoin spot exchange-traded fund (ETF) approval.

  • Claim

Name

Cryptocurrency prices trended higher in 2023 due to an improved U.S. economy outlook and investor anticipation of a Bitcoin spot exchange-traded fund (ETF) approval.

Types

Claim

Sources

November 2023 Crypto Market Forecast

Subclaims

Bitcoin and Ethereum saw bullish trading action, driven by expectations of asset managers like Fidelity Investments and BlackRock launching Bitcoin spot ETFs.

Tags

Crypto Market Developments 2023

Referenced by

November 2023 Crypto Market Forecast

Crypto

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