๐Ÿ˜ BTC hits 52 week high

BTC broke above $35,000 tonight. BTC is currently trading at $34,000.
Possible reasons for the increase:
๐Ÿ”ด BlackRock's proposed spot Bitcoin ETF, iShares Bitcoin Trust, has appeared on the Depository Trust and Clearing Corporation's list under the ticker IBTC.
๐Ÿ”ดRumors that the SEC is communicating with potential issuers of Bitcoin ETFs.
๐Ÿ”ด Issuers are updating their Bitcoin ETF applications.
๐Ÿ”ด A judge ordered the SEC to reconsider Grayscale's spot ETF application.
๐Ÿ”ด SEC Commissioner Hester Pierce said in an interview with CNBC: โ€œI have always been puzzled by the logic of why we do not approve Bitcoin ETFs.โ€
๐Ÿ”ด Yesterday Coinbase announced that today they will provide a final answer in the case with the SEC.