{"id":98659,"date":"2023-11-09T20:24:25","date_gmt":"2023-11-09T20:24:25","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022"},"modified":"2023-11-09T20:47:19","modified_gmt":"2023-11-09T20:47:19","slug":"bitcoin-hits-highest-level-since-may-2022","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022","title":{"rendered":"Bitcoin hits highest level since May 2022"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Tanzania. <\/strong><\/span>Bitcoin saw its price climbing over $37,000 on Thursday for the first time in 18 months with optimism about regulatory approvals and growing interest of investors.<\/p>\n<p>The price of the world&#8217;s biggest cryptocurrency surged over 4% to climb as high as $37,104 at 8.53 a.m. EDT (1353GMT) to reach its highest level since May 5, 2022, according to official figures.<\/p>\n<p>Ethereum, the world&#8217;s biggest altcoin by market value, also rose to as much as $1,929 at the time &#8212; highest since July 17, 2023.<\/p>\n<p>Some altcoins saw their prices soar almost 14% in the past 24 hours, according to data from the digital asset price-tracking website CoinMarketCap.<\/p>\n<p>The total value of the crypto market was up 3.3% to $1.38 trillion at the time, while Bitcoin&#8217;s share of the crypto market, known as dominance, was at 52.4%, showed the data.<\/p>\n<p>The recent rally is fueled by exchange-traded funds (ETFs) getting regulatory approval in the US and growing interest of professional investors in the cryptocurrency.<\/p>\n<p>Investors and crypto enthusiasts hope that the US&#8217; Securities and Exchange Commission (SEC) would begin to adopt a more positive attitude towards cryptocurrencies, starting by providing regulatory approvals to ETFs.<\/p>\n<p>The SEC said Wednesday it is open to begin spot Bitcoin ETF talks with Grayscale Investments, an American digital currency asset management company.<\/p>\n<p>The approval of ETF applications by crypto investment firms could pave the way for general investors into digital assets market.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/tanzania\">Tanzania<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Tanzania. Bitcoin saw its price climbing over $37,000 on Thursday for the first time in 18 months with optimism about regulatory approvals and growing interest of investors. The price of the world&#8217;s biggest cryptocurrency surged over 4% to climb as high as $37,104 at 8.53 a.m. EDT (1353GMT) to reach its highest level [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":98658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6990,6991,7506,8013,11071,11070,9981,711],"class_list":["post-98659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press-2","tag-africa-press-tanzania","tag-bitcoin","tag-cryptocurrencies","tag-digital-assets","tag-exchange-traded-funds-etfs","tag-securities-and-exchange-commission-sec","tag-tanzania"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bitcoin hits highest level since May 2022 - Tanzania<\/title>\n<meta name=\"description\" content=\"Bitcoin saw its price climbing over $37,000 on Thursday for the first time in 18 months with optimism about regulatory a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin hits highest level since May 2022\" \/>\n<meta property=\"og:description\" content=\"Bitcoin saw its price climbing over $37,000 on Thursday for the first time in 18 months with optimism about regulatory a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-09T20:24:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-09T20:47:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2023\/11\/sm_1699550111.280625.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Bitcoin hits highest level since May 2022\",\"datePublished\":\"2023-11-09T20:24:25+00:00\",\"dateModified\":\"2023-11-09T20:47:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022\"},\"wordCount\":243,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2023\/11\/sm_1699550111.280625.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"Bitcoin\",\"cryptocurrencies\",\"digital assets\",\"Exchange-Traded Funds (ETFs)\",\"Securities and Exchange Commission (SEC)\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/bitcoin-hits-highest-level-since-may-2022\",\"name\":\"Bitcoin hits highest level since May 2022 - 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