Bitcoin prices rose more than 10% today after a federal appeals court forced the U.S. Securities and Exchange Commission to reevaluate its prior decision to reject Grayscale’s attempt to convert its bitcoin trust to a spot exchange-traded fund (ETF).
The world’s most prominent digital currency flirted with the $35,000 level earlier tonight, according to BTC/USDT Coinbase data provided by TradingView.
At this point, it had climbed over 12% in a matter of hours. …
Read More: Bitcoin Prices Climb Over 10% After Federal Court Forces SEC To Reconsider Grayscale ETF Conversion