The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs).As many as,11 spot bitcoin ETFs are likely to be launched this year. Following the news, the price of bitcoin (BTC) jumped above the technical barrier of 47,000 to reach 47.893.70. However, Bitcoin’s p ...