The Reason Bitcoin (BTC) Price Soared Toward $37K Today

TL;DR

• Bitcoin’s price surged to $36,700, likely driven by the anticipation of the SEC’s decision on Bitcoin ETFs and a bullish cryptocurrency market trend.
• The SEC has a six-day decision period starting today for the approval of several Bitcoin ETF applications.
• High-profile predictions suggest Bitcoin’s price could soar to between $200K and $350K, influenced by factors including social unrest and the 2024 halving event.