(CNBC) The cryptocurrency was last up 1% at $46,289.15, according to Coin Metrics. Earlier, it punched above $49,000, reaching levels not seen since December 2021. Meanwhile, the price of ether jumped 5% to May 2022 highs. It last traded at $2,594.60. The ETF approval is a landmark victory for the crypto industry, which first sought to launch a bitcoin ETF more than 10 years ago.
Bitcoin rallies to 2-year high of $49,000 then fizzles as crypto ETFs debut
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