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Leverage AI to track and analyze competitor pricing strategies for better positioning ✌️【Value Investing】✌️Begin investing today with ₹500 and achieve reliable, high returns every month.Bitcoin [BTC] on Thursday briefly topped $49,000 for the first time since December 2021 as U.S.-listed spot bitcoin exchange-traded funds (ETF) commenced trading amid heightened anticipation.The largest crypto asset by market capitalization climbed from below $46,000 earlier today to over $47,000, then accelerated, hitting a $49,042 during early U.S.

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Leverage AI to track and analyze competitor pricing strategies for better positioning ✌️【Value Investing】✌️₹500 to start, high returns to earn. Join now and watch your wealth increase!Then, it gave up all its gains and buckled below $46,000.Cryptocurrency-focused stocks such as Coinbase (COIN) also declined, erasing their pre-market gains.

Coinbase (COIN) dropped 5% since trading opened, while bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) both endured over 10% losses.Earlier, Mizuho Securities, with an underperform rating on Coinbase shares and a $54 price target, said spot ETF approval is a “pyrrhic victory for COIN,” and potential upside to revenue from bitcoin ETFs may bemore muted than thought.The highly anticipated debut of the eleven bitcoin ETFs unleashed significant volatility in the asset's price, while investors are watching closely how much interest the eleven funds will attract by the end of the day.So far, BlackRock's IBIT is leading among the newly issued ETFs by trading volume with $500 million by 10:50 U.S.

Eastern Time, according to BitMex Research.

Grayscale's GBTC, the world's largest bitcoin investment fund that was uplisted from a closed-end fund to an ETF, recorded over $700 million in volumes in the first hour of trading.Krisztian Sandor recently graduated from NYU's business and economic reporter program as a Fulbright fellow and worked with Reuters and Forbes previously.

Leverage AI to track and analyze competitor pricing strategies for better positioning ✌️【Value Investing】✌️Begin investing today with ₹500 and achieve reliable, high returns every month.Originally from Budapest, Hungary, he is now based in New York.

He holds BTC and ETH.Leverage AI to track and analyze competitor pricing strategies for better positioning ✌️【Value Investing】✌️Start with ₹500 and grow your wealth through blockchain and AI-powered investments!