RIO News: Trending tickers: Bitcoin | Charles Schwab | Pfizer | Ocado - 16th Oct 2023, 9:51pm

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The price of bitcoin jumped around 3.2% on Monday morning. Photo: Dado Ruvic/Reuters

Bitcoin (BTC-USD)

The price of bitcoin jumped around 3.2% on Monday morning, after a key milestone was reached in the progress towards the approval of a bitcoin Exchange Traded Fund (ETF).

The cryptocurrency was trading above $27,700 (£22,795) after the Securities and Exchange Commission in the US failed to appeal a recent decision on crypto asset manager Grayscale's application.

Grayscale applied to conv...

>>> Read more: Trending tickers: Bitcoin | Charles Schwab | Pfizer | Ocado
 
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