$100,000 Bitcoin Could Come Even Sooner Than You Think With Ethereum Leading The Way

Bitcoin and ethereum have bounced back after the latest China-induced sell-off last week, helping the cryptocurrency market return to $2 trillion.

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The bitcoin price fell sharply last week after China’s central bank warned all crypto transactions are now illegal in the country but the latest crackdown has failed to deter investors who have continued to pile into other cryptocurrencies as well. The ethereum price has soared 12% over the last 24 hours.

Now, it’s been predicted that U.S. Securities and Exchange Commission (SEC) could greenlight a long-awaited bitcoin exchange-traded fund (ETF) as soon as next month—something that could send the bitcoin price as high as $100,000.

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