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Bitcoin gains as investors pin hopes on ETFs

SET makes an encouraging start on first trading day of new year

(Photo: Reuters)

Bitcoin rose to US$45,000 on Tuesday, the highest level since April 2022, as investors continue to speculate on whether US regulators will approve Bitcoin exchange-traded funds (ETFs) later this month.

Locally, the Stock Exchange of Thailand (SET) index made a good start to the year, increasing 1.2%.

According to CoinDesk, Bitcoin soared more than 6% on the first day of the new year, as the leading cryptocurrency blew past $45,000 on anticipation that the US Securities and Exchange Commission…

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