Bitcoin prices surged close to 10 percent in the past seven days, largely due to speculation regarding the upcoming ETF decision. Litecoin moved up slightly but remains in a downtrend. As usual we start with bitcoin and we’ll come back to LTC/USD later in the article.

Bitcoin Surges $100 on ETF Speculation

Bitcoin prices rallied by over $100 dollars since last Tuesday to hit a high of $1,188 on Fxopen. On other exchanges we’ve seen figures above $1,200. The move higher seems to be largely due to increased speculation about the upcoming bitcoin ETF. Read more: