The bitcoin price could rise to between $42,000 and $56,000 if the BlackRock ETF is approved, according to crypto services provider Matrixport. Such bullish price action would also help crypto-linked stocks such as Coinbase, MicroStrategy (MSTR) and miners including Marathon (MARA), Riot Platforms (RIOT).
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- Source: https://www.coindesk.com/business/2023/10/20/coinbases-grewal-is-quite-hopeful-that-bitcoin-spot-etfs-will-be-approved/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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