Cryptocurrency Bitcoin has rallied about 27% in October. That’s the biggest monthly increase since January.
And this recent surge comes on the back of expectations that the US Securities and Exchange Commission may soon approve exchange-traded funds that invest directly in the cryptocurrency after more than a decade of deliberation.
On Money in the Market, Hongbin Jeong speaks to Suvashree Ghosh, Crypto Currency Reporter for APAC with Bloomberg, to find out what this move signifies and whether we can see further upside for the cryptocurrency.