【Philippines】
Bitcoin is Philippinesreaching new highs.
The cryptocurrency on Friday morning was trading at $1,197 — just above the $1,165 record high average price set three years ago, according to CoinDesk.
Bitcoin has staged a comeback after nearly reaching a record high but then falling at the very beginning of 2017. On the currency's first day of trading in the new year, it steadily rose to over $1,000 before crashing into the $900 range.
At the time, demand for bitcoin was growing in China and some buyers in India were turning to bitcoin amid the country's demonetization crisis.
This Tweet is currently unavailable. It might be loading or has been removed.
This time around, bitcoin traders are optimistic that the Securities and Exchange Commission will approve bitcoin's first exchange-traded fund. That SEC approval could make bitcoin more attractive to investors who have so far stayed away.
The SEC is supposed to decide on this by March 11, and traders are optimistic about the fund's approval. For the next two weeks, prices are likely to keep rising unless the SEC comes out with a decision that bitcoin's boosters don't like.
If the ETF is approved, prices could even keep going up beyond the next two weeks now that the public will have an easy way to put their money into bitcoin.
This Tweet is currently unavailable. It might be loading or has been removed.
2017 bitcoin optimism, round two?
Featured Video For You
Apple's new 'Apple Park' spaceship campus will open in April
Topics Bitcoin
Search
Categories
Latest Posts
What's Thermal Throttling and How to Prevent It
2025-06-26 08:36How ‘No Time to Die’ could evolve the concept of the 'Bond girl'
2025-06-26 07:12Philips now allows customers to 3D print replacement parts
2025-06-26 06:04Popular Posts
Trump signs AI education order to train K
2025-06-26 08:35WhatsApp has more than 2 billion users
2025-06-26 08:33The internet is trolling United so hard right now
2025-06-26 07:19Best headphones deal: Save up to 51% on Beats at Amazon
2025-06-26 06:33Featured Posts
DDR4 Memory at 4000 MT/s, Does It Make a Difference?
2025-06-26 08:42Live BBC interview gets derailed by bizarrely awkward man
2025-06-26 06:28How to Easily Make iPhone Ringtones Using Only iTunes
2025-06-26 06:13Popular Articles
The Made in America iPhone: How much would it cost?
2025-06-26 08:30Cakes that look like succulents are the best way to eat your greens
2025-06-26 08:22Samsung Galaxy S20 hands
2025-06-26 06:25Boeing's new VR simulator immerses astronauts in space training
2025-06-26 06:08Newsletter
Subscribe to our newsletter for the latest updates.
Comments (2219)
Prosperous Times Information Network
The Mismeasure of Media
2025-06-26 08:41Mark Information Network
Xiaomi Mi 10 Pro is basically a cheaper Samsung Galaxy S20 Plus
2025-06-26 08:33Highlight Information Network
'Love Is Blind' review
2025-06-26 08:29Inspiration Information Network
Hands on with the Galaxy Buds+: The AirPods Pro have some competition
2025-06-26 07:44Storm Information Network
Amazon Book Sale: Shop early deals now
2025-06-26 06:59